It’s that time of the month again—time to check in with our trusty local real estate mouthpieces “reporters” in the local press. What do Rhodes, Cohen, Benbow, Boone, and newcomer Dan Beekman (with the Tacoma News Tribune) have for us this month? Read on to find out… Warning: Sarcasm Ahead Elizabeth Rhodes, Seattle Times:Housing prices…
Month: August 2007
Supply Up, Up, & Away, Demand Still Sinking
Just a quick note to point out the NWMLS has released July stats. Compared to 2006, listings are up 44%, and sales down 8%. Here’s the link to the NWMLS press release, with a link to the recap pdf (which is no longer directly-linkable). My brothers are in-town visiting, so I haven’t got the time…
Gangbuster Job Growth, Lackluster Incomes
One of the most frequent arguments you’ll hear if you ask someone to try to justify Seattle’s high home prices is job growth. It usually sounds something like this: “We’ve got Boeing and Microsoft, and all these highly-paid, high-tech jobs are continually being added to our strong economy.” Well, as you all know, we’ve beat…
Drive by commentary: Street of Dreams, I’m not digging any more post $#%!! holes, Red Sox, market, other stuff.
Bubble Link Roundup Extravaganza
The stories have been piling up in my inbox at a faster rate than I’ve been able to post them lately, so that means that it is time for another bubble link roundup. I’ve got a lot of ground to cover in this post, and I don’t want to totally clutter up the front page,…