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 September 2008: King – Price: -7.8% | Listings: +4.6% | Sales: +14.7% | MOS: 6.6 Snohomish – Price: -9.8% | Listings: -3.7% | Sales: -6.8% | MOS: 8.8 Pierce –…
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.
Double-Digit Appreciation Returning Soon to Seattle!
The P-I printed a real gem of a story this weekend, with a pretty bold prediction: The nation is on track to build fewer homes this year than at any time since the end of World War II, adding to the woes of an economy that analysts said Friday has almost certainly entered a recession….
Former WaMu Pres. Tries to Flip Mansion
Okay, I had this story emailed or IM’d to me by about half a dozen people over the weekend, so I guess I’d better at least mention it :^) Former WaMu president lists home for nearly 2x 2005 purchase price: Stephen Rotella, who was president and chief operating officer of Washington Mutual when it failed…
Poll: January’s Case-Shiller Index for Seattle will be ___ off peak.
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 10.25.2008.
Zillow Cuts 25% of Staff
First Redfin, and now Zillow: This week we are reducing our workforce by 25%. This was an incredibly painful decision for me and the leadership team, but, in the end, we concluded that we had no choice but to securely batten down the hatches as we sail into a major economic storm. The unprecedented economic…