Let’s check in on the NWMLS statistics from around the sound. Here’s where the YOY stats stand for each of the six counties as of November 2008: (Note: The “Sales” data below represents pending sales, not closed sales.) King – Price: -9.2% | Listings: +2.2% | Sales: -21.2% | MOS: 8.7 Snohomish – Price: -11.1%…
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.
“A continuing, steepening decline in opportunities here in Seattle”
The Institute of Real Estate Management (IREM), whose primary focus is on the “multi-family and commercial real estate sectors”, held an “economic-forecasting event” on Friday, which both a P-I reporter and Matt at Urbnlivn wrote up reports on. Here’s an excerpt from the P-I’s story: Real estate a sore point in Seattle area economy “When…
Poll: Where will King County SFH Months of Supply max out?
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 12.13.2008.
November Reporting Roundup
Let’s take some time to check out the local press’ reaction to the undeniably slow NWMLS housing market statistics for October. Once again, my favorite part of the NWMLS press release that accompanied yesterday’s numbers comes from Dick “Bottom-Calling” Beeson, NWMLS director and Windermere broker. Windermere’s Beeson, a member of the Northwest MLS board of…
NWMLS: Closed Sales Drop Through the Floor
Is it time for November NWMLS market statistics already? Yes, it is. Here’s the NWMLS press release: November’s Housing Activity in Western Washington Reflects "Microclimates" “Real estate microclimates can behave very differently,” according to one industry leader in commenting on the latest report from Northwest Multiple Listing Service. On first glimpse, the statistics for much…