A reader pointed out to me this week that it has been three years since I updated the long-term chart of King County home prices back to 1950. So, by request, here is an update to that chart as of May, along with the affordability index over the same time period. In the first quarter…
Category: Features
Local Housing Oversupply Finally Shrinks Slightly in 2012
It’s been two years since we last took a look at the local housing oversupply. This week the Washington State Office of Financial Management released their 2012 population and housing supply estimates, so let’s update those charts. Here’s an updated chart of housing supply (total housing units) and demand (total households) for the 3-county Puget…
The Missing Real Estate Book
At various points in the last few years it has been suggested to me that I should write a book. A book about real estate in general or the housing bubble specifically, from my unique perspective as an engineer turned real estate analyst. As one of my coworkers recently put it: “Kendra Todd wrote a…
Real Actual Listing Photos: Bellevue Luxury Edition
It’s time for another installment of Real Actual Listing Photos. Once a month (or so) I round up some of the most bizarre listing photos from around the Seattle area and post them here, with brief excerpts from the real actual listing description, and probably a bit of snarky commentary. The idea for this series…
Friday Flashback: “You will never see a major housing price crash here.”
Somehow last month I missed the five-year anniversary of my lengthy email conversation with local mortgage broker Steve Tytler. Some choice excerpts: I have been actively involved in the Seattle real estate market for more than 20 years and I have studied the market stats all the way back to the 1960’s. I can tell…