local real estate news, statistics, and commentary without the sales spin.
In the comments on yesterday’s jobs post, Blurtman leveled the following criticism: Shame on you, Tim, for publishing misleading data. You cannot say that unemployment has dropped nationwide without also commenting on the record high not in the labor force number. I trust you are not turning into a NAR cheerleader at this stage. Remember,…
New local job stats came out this week, so let’s have a look at the Seattle area’s employment situation. First up, year-over-year job growth, broken down into a few relevant sectors: Construction growth dipped again, dropping from a 5.9% year-over-year gain in February to 5.2% in March. With 6.4% year-over-year growth, the retail sector was…
I was going through my public “To-Do List” when I came across this user submission: Talk about the upside of the bubble in terms of neighbor quality I really enjoyed one aspect of Seattle’s bubble. I loved the “rising tide” effect that seemed to be transforming my neighborhood. Hard to quantify. More of a qualitative…
Let’s have another look at our monthly sales histogram. Sales across all price tiers got a big boost in March, while the sales curve stayed basically the same shape as February. The mode (i.e. the bucket with the most sales) for non-distressed sales moved from the $400,000 to $450,000 bucket in February down to the…
NOTE: If you are subscribed to Seattle Bubble’s RSS feed and are seeing these open threads in the feed, please switch to our official feed at http://feeds.feedburner.com/SeattleBubble Thanks! Here is your open thread for the week of April 22nd, 2013. You may post random links and off-topic discussions here. Also, if you have an idea…