local real estate news, statistics, and commentary without the sales spin.
Full disclosure: The Tim is employed by Redfin. Redfin released February housing market data last week, so let’s take a look at the rate at which new listings are going under contract in two weeks or less in the Seattle area, compared to San Francisco and the national rate: I was concerned when this number…
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 fell off, dropping from an 8.2% year-over-year gain in January to just 5.4% in February, and the over ten percent gains we…
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 mid-week on March 20th, 2013. You may post random links and off-topic discussions here. Also, if you have an idea…
Let’s have another look at our monthly sales histogram. After sharpening in January, the sales curve flattened out again in February, with home sales between $200,000 and $300,000 taking a hit while home sales between $400,000 and $500,000 bumped up. The mode (i.e. the bucket with the most sales) for non-distressed sales moved from the…
Apologies for the lack of new content today. I’ve been laid up on the couch all day, recovering from some kind of unpleasant stomach bug. Regular posting should resume tomorrow!