June NWMLS numbers are out (pdf). Short story: King County median home sold for $434,950, which was 16% more than June 2005 (compared to 15.51% May ’05 – May ’06), and 1.64% more than May 2006. Active listings continued their climb, up 17.17% from June 2006, while pending sales continued their slide, down 10.14% from…
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.
Reader Email: Sale/Lease Own Home?
Here’s an email I received from a reader: I actually like my home a lot, can afford it and don’t want to move. But I also don’t want to ride 30% down if I don’t have to. I’ve come upon the idea of trying to get a “sale/lease agreement” on my home. Are you aware…
Home Ownership Above All Else
Here’s a great article from Seattle Times writer Nicole Tsong about young people who apparently value home ownership above all else. Although Seattle-area real estate is more expensive than ever – a tiny studio at the new NoMa Ballard condo building in Seattle, for example, starts at $180,000 – it’s also more attractive than ever…
Washington Population Up 120,000
Considering that today is a big holiday and all, hopefully most of my readers are out doing fun things with family and friends, not glued to a computer monitor like… um… I am right now. There are a lot of good stories to talk about, but due to the holiday I’m going to restrict myself…
Seattle Schools Look To Cash Out
The Seattle School District, about to close the doors of a handful of schools has realized that now may be a good time to get in on the real estate action, before it’s too late. Evelyn Tapsak drives past the old Magnolia Elementary nearly every day, and what she sees confounds her — a big…