Okay, the biggest real story this month: plummeting sales, resulting in a record-high “months of supply.” The fake story: dropping median prices—which is most likely at least partly an illusion (so far), which can be largely attributed to… you guessed it: the plummeting sales. Let’s see what the news outlets chose to focus on… There…
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.
Poll: Will you use a traditional real estate agent for your next home purchase?
This poll was active 10.07.2007 through 10.13.2007.
Sales Plummeting, Inventory Skyrocketing… Prices Crashing?
September market statistics from the NWMLS are here. As usual, when a public link to the usual monthly press release with links to the recap pdfs becomes available, I’ll post it here. For now, here is a link to the data on the NWMLS Marketing page Here’s your King County SFH summary: September 2007 Active…
For Only $1.5 Million…
If I had a million (and a half) dollars, I’d buy you a house… But what kind of house? Would you rather have a “phenomenal location & nearly total renovation” on Queen Anne: Click to view listing …Or a 16-building, 45,000 square foot former missile complex on (under) 57 acres in Eastern Washington: Click to…
Depends on what the meaning of “stable” is…
Forbes just loves to frame their articles around lists. You may recall Seattle showing up frequently on previous such real-estate-related lists, such as Best Places to Flip a Home (#1), Richest Cities In The U.S. (#8), Best Cities For Jobs (#34), and Most Overpriced Places In The U.S. 2005 (#1). Well, lucky us, we made…