Yesterday I predicted that the local reporting would focus on the paltry month-to-month median price increase, backed up by a plethora of quotes from peppy real estate agents. Today’s reporting, for the most part, does not disappoint. I’m starting to get the impression as I read some of these articles that the reporters are just…
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 Stats: Still Looking for the Bottom
It’s time for NWMLS statistics. April is now in the books, traditionally one of the strongest months for home sales. Here’s the NWMLS press release: Northwest MLS Brokers Report Highest Volume of Pending Sales in Eight Months. I guess “Lowest Volume of April Pending Sales in Nine (plus) Years” didn’t have the same ring. Better…
Pierce County Home Builders Feeling the Pinch
Yesterday’s Tacoma News Tribune had an article about new construction in outlying areas, which is becoming front line of the Puget Sound housing bust. In short: it ain’t pretty for builders. Facing fewer buyers and many, many homes for sale, South Sound builders are pulling back and getting extra promotional. Builders have slowed construction schedules…
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A Few Properties Still Seeing Multiple Bids
I wonder if Aubrey Cohen is getting story ideas from reading Seattle Bubble? In the big front page feature article in today’s P-I, Aubrey takes a look at something a that a few home seekers commenting here have talked about: the continued competition for homes in a handful of certain price ranges and neighborhoods. Erin…