Now that the NWMLS numbers have been released, let’s check in with our favorite bubble-fighting dynamic duo, Rhodes & Cohen. If you were expecting them to cheer on the inexplicable increase in prices, you will not be disappointed. This month’s unified message: Prices are up, but now is the time to buy! From Ms. Rhodes’…
Category: Local
Local News
Retail Spending Spikes In Washington
Seattle Times writer Melissa Allison seems a bit too excited about today’s report that retail spending in Washington State grew by 10.5% from spring ’05 to spring ’06. Those were the days, back in the spring when the flowers bloomed and the housing market sizzled. Washingtonians had such confidence last spring that they spent with…
“…didn’t buy their ticket on the last spaceship flight off a planet that’s about to explode.”
What a delightfully entertaining gift the Seattle P-I has given us this Friday in the form of guest columnist Sarah McCormic’s amusing thoughts about the Seattle housing market: Several years ago, on a stroll around my Ballard neighborhood, I stopped to gawk at the huge price tag on a For Sale sign in front of…
"Local Prices Are Not Headed Backward"
Here’s a familiar song, courtesy of Tom Kelly at the Everett Herald. It used to be a popular notion among local real estate agents that the Northwest housing market lagged behind the California market by about six months. … I thought about that idea recently when I read that home sales decreased 30.1 percent in…
NAR: Seattle Coming Up Roses!
There haven’t really been many interesting stories out there in the last few days that are Seattle-specific, so I guess now is a good time to post the NAR’s Home Price Analysis for Seattle Region (pdf) I haven’t bothered posting it yet because it’s not really anything new or interesting, but rather the same rah-rah…