A pair of articles printed Saturday in the Seattle Times show some slight tightening of lending practices in our state. Nineteen states, including Washington, and the District of Columbia have moved quickly to warn state-regulated lenders about the hazards to consumers from nontraditional mortgages. Tens of thousands of state-licensed lenders and mortgage brokers are affected…
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.
December Reporting Roundup
After just nine months of increasing YOY home inventory and fourteen months of declining YOY home sales, the local media has apparently taken notice. Even Elizabeth Rhodes at the Seattle Times can’t ignore the slowing trend: In fact, buyers weren’t racing to make offers anywhere in the central Puget Sound area last month, according to…
01.08.2007 – Monday Open Thread
This is your open thread for Monday, January 8, 2007. Please post random links and off-topic discussions here.
01.06.2007 – Weekend Open Thread
This is your open thread for the weekend of January 6-7, 2007. Please post random links and off-topic discussions here.
Inventory Up, Sales Down (Sound Familiar?)
December stats are available from the NWMLS. Here’s a summary of the “residential” figures: Active Listings: up 23% YOYPending Sales: down 9% YOYMedian Closed Price: $440,000, up 12% YOY. I’ll update this post later today with the usual graph and links to the updated spreadsheet and the NWMLS pdfs. Update: Sorry about the delay. Here’s…