Here’s another report out of Olympia, on the significant cool-down that housing is experiencing there. As the South Sound real estate market cools from overheated to warm, sellers are increasingly offering price reductions in order to speed up sales. Real estate agents say the recent appearance of homes marked as “Price Reduced” indicates that this…
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.
Monday Open Thread
This is your open thread for today. Please post random links and off-topic discussions here.
Spotted In Monroe
Name & phone number have been liquified to protect the—well, just as a courtesy. In case you are wondering—no, they are not a REALTOR®, so I guess they don’t have that pesky code of ethics to be concerned with. Thanks to my former coworker JP for the heads up on this.
Weekend Open Thread
This is your open thread for the weekend. Please post random links and off-topic discussions here.
Slowing Housing Market? NIMBY!
The real estate writers for the Seattle P-I apparently aren’t capable of leaving well enough alone. Even when they print an Associated Press wire report about the serious housing slowdown underway across the nation, they just have to slip in a "but not in Seattle" clause (P-I addition italicized). The "For Sale" signs are staying…