Congress agreed to pour an additional $2,000,000,000 into the cash credit toward an overpriced new car for clunkers program this week, with various pundits praising the program as a rousing success. Meanwhile, industry professionals point to the $8,000 tax credit for first-time homebuyers as a major factor behind the recent increase in home sales. One…
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.
Weekend Open Thread (2009-08-07)
Here is your open thread for the weekend beginning Friday August 7th, 2009. 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…
Google Real Estate Search Maps Nationwide Foreclosures
I’ve known about Google’s foray into real estate search for some time now, but since the feature set pales in comparison to the offerings over at Redfin and Estately, I haven’t really spent much time with it. However, today I learned of an interesting feature that Google seems to do a much better job at…
July Reporting Roundup: Sales are Up, Up, UP!
For some reason, the NWMLS press release still has not been posted to their public site yet. [Update: Here’s a link to the press release on NWMLS.com: Northwest MLS brokers say housing market is recovering, but still “spongy”. My favorite part is “July’s unseasonably hot weather curtailed activity for several showings and open houses, as…
NWMLS: Closed Sales Inch Higher but Remain Far Below Pendings
Let’s take a look at July market statistics from the NWMLS. The NWMLS press release has not been posted yet, but should be available here later today. Here’s your King County SFH summary, with helpful arrows to show whether the year-over-year direction of each indicator is positive or negative news for buyers and sellers: July…