Time for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). Unfortunately, the NWMLS’ full press release still hasn’t been posted to their website anywhere that I can…
Category: Local
Local News
On the Horizon: A New Bubble or a Long Flat Bottom?
CNN Money asks: Is a housing shortage coming? (Short answer: No.) As the nation struggles to shrug off the worst housing crash since the Great Depression, it may be hard to believe a housing shortage could be on its way. The nation is simply not building enough homes to keep up with potential demand. Just…
Goldman: Seattle Home Prices to Fall 22% More by 2012
I came across an interesting home price forecast for the next two years from Goldman Sachs (via Zero Hedge): Following their earlier collapse, house prices appear caught in a cross current. On the one hand, there are indications that prices may have bottomed. While alternative house price indices differ in details, they generally show that…
May Reporting Roundup: Imaginary Market Stability Edition
Time for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). Before we take a look at this month’s spin from the NWMLS, let’s have a quick refresher…
How Will Ubiquitous Freeway Tolls Affect Home Prices?
With tolls of $1 to $5 per crossing coming to a floating bridge near you in less than a year and local governments planning to add tolls to every freeway as early as 2030, now is a good time to think about how adding such per-use fees to our freeways might affect the home prices…