Let’s have a look at December market statistics from the NWMLS. Here’s the NWMLS press release: Northwest MLS members expecting "market observers" will become "market participants" Frigid temperatures and record snowfall brought home sales to a standstill for several days in December. The unusual weather, when coupled with the expected holiday slowdown, contributed to a…
Author: The Tim
Regulations “unlikely to contribute more than 17%” of home price
Some of you may recall back in February last year, when the Seattle Times ran a story about UW professor Theo Eicher’s land use regulations study, with the headline declaring “Rules add $200,000 to Seattle house price.” Here at Seattle Bubble we had serious questions about the dramatic conclusion in that study, and the methods…
Poll: Which is Most Likely to Occur in 2009?
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Pre-Weekend Potpourri: Microsoft Layoffs, Foreclosure Aid, Downfall
It’s a pretty slow news day today, what with most people still taking time off for the new year. So I thought this would be a good time to throw a bunch of smaller stories together into one post. First off, let’s hit a topic that has been on a lot of people’s minds lately:…
2008 Pop Quiz
Pop quiz, hotshot. Let’s say you had $100,000 on January 1st 2008. Which of the following “investment” methods took the largest loss in 2008: 20% down payment on a $500,000 SFH in King County. S&P 500 index fund. Cash under the mattress. … And the answer is… A! According to the NWMLS, the median price…