Here comes this month’s market reporting roundup. After seven months of declining/flat prices, declining year-over-year sales in 27 of the last 28 months, and 23 straight months of an ever-increasing number of homes on the market, I think we can officially declare that the Seattle-area housing market is in a slump. Of course, while the…
Year: 2008
NWMLS: Inventory Skyrocketing, Sales in the Gutter (Still)
February stats from the NWMLS showed up even earlier than January. When the press release with pdf links is released I’ll post it here. Here is the summary along with the usual graphs and other updates. Update: Here’s a link to the press release. I can’t help but laugh at the title: Northwest MLS Reports…
NWMLS Statistics from Around the Sound
A number of readers have pointed out that despite what Seattle residents may think, there is in fact a world outside of King County. These inquiring readers are interested in seeing what the stats we discuss on Seattle Bubble look like for other local counties around the Puget Sound. Well, this post is for you….
Boeing & Microsoft Holding Up the Market?
Here’s a thread to discuss some of the not-so-great big news that has come out recently for the Seattle-area’s two biggest private employers. Boeing: Loses out on $40 billion Air Force tanker contract Microsoft: Facing class-action lawsuit for Vista hardware requirements Cutting boxed Vista prices (possibly due to disappointing sales?) Still trying to buy Yahoo!…
2007 Street of (Materialistic) Dreams Torched
It looks like we may not get to have a 2007 Street of (Materialistic) Dreams follow-up post this year like we had for 2006, since the homes have apparently been torched. KING 5 / AP Several homes were destroyed by a series of fires early this morning in a Street of Dreams neighborhood near Maltby…