It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). First up, let’s have a look at the source material from the NWMLS itself….
Author: The Tim
Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer / internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. Tim also hosts the weekly improv comedy sci-fi podcast Dispatches from the Multiverse.
NWMLS: Closed Sales Still in the Gutter, Median Price Falls to a New Post-Peak Low
November market stats have been published by the NWMLS. Here’s their press release: November’s home sales rose modest 2 percent, surprising some Northwest MLS Brokers. Northwest Multiple Listing Service members recorded a few pleasant surprises last month. Pending sales during November outgained the same month a year ago, marking the first year-over-year increase since April,…
The Avondale Albatross Now Bank of America’s Problem
The saga of the Avondale Albatross continues… A brief history of this 4,900 sq. ft. spec home on 3 acres north of Redmond: 2006-06: Originally spotted here, priced at $1,625,000 2006-08: Price drop to $1,495,000 2006-10: Price drop to $1,275,000 2006-11: New brokerage, still asking $1,275,000 2007-02: After 9 months on the market, finally sold…
Monday Open Thread (2010-12-06)
Here is your open thread for Monday December 6th, 2010. You may post random links and off-topic discussions here. Also, if you have an idea or a topic you’d like to see covered in an article, please make it known. Be sure to also check out the forums, and get your word in the user-driven…
Poll: What does economic recovery mean to you?
This poll was active 12.05.2010 through 12.11.2010.