December stats are available from the NWMLS. Here’s a summary of the “residential” figures: Active Listings: up 23% YOYPending Sales: down 9% YOYMedian Closed Price: $440,000, up 12% YOY. I’ll update this post later today with the usual graph and links to the updated spreadsheet and the NWMLS pdfs. Update: Sorry about the delay. Here’s…
Year: 2007
What to Blame? Not Growth Management.
Here’s a guest editorial from today’s Seattle Times that says something I’ve been saying all along: The “home prices are high because we’re running out of land because of Growth Management” argument doesn’t hold water. The cost of housing is spiraling out of control in many parts of the Puget Sound region. King County is…
01.05.2007 – Friday Open Thread
This is your open thread for Friday, January 5, 2007. Please post random links and off-topic discussions here.
2007 Optimism, Part III: Some Cracks Appear
This is the last post in this impromptu series. There were just so many articles out there full of “expert” quotes and predictions about the Puget Sound’s economic outlook for 2007. Here are three more articles that discuss the interaction of the local housing market with the greater local economic picture. Surprisingly, the housing affordability…
01.04.2007 – Thursday Open Thread
This is your open thread for Thursday, January 4, 2007. Please post random links and off-topic discussions here.