The topic of whether or not our area is somehow immune to a bubble was suggested by a reader. I made a very similar post back in September, but readership and participation has grown quite a bit since then, so now would be a good time to post it again. As markets across the country…
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What’s Your Seattle Bubble Timeline?
With the numbers we’ve been seeing for the last few months, it is clear that Seattle is not the red-hot market that it was a year ago. What is still not clear though is just where we are in the boom/bust cycle. Many theories have been suggested recently in the comments about how soon Seattle…
Construction Buoys State Job Market
Here’s a pair of mostly glowing articles about just how stupendous our state’s job market is, and how much better it’s getting every day. The roaring construction and aerospace industries helped Washington add 7,900 jobs last month, pushing the statewide unemployment rate back down to 4.6 percent. That matched January’s jobless rate, before an influx…
Excuses In Olympia
Here it comes… with the housing market in Olympia beginning to experience more signs of a slowdown than anywhere else in the Puget Sound, it’s time to bring out the excuses. The order of the day? Gas prices. Thurston County’s real estate market has been one of the state’s hottest because median prices here are…
Inman Good For A Laugh
We’ve already done the March numbers to death, but the late story from Inman News caught my attention for its amusing headline and subtitle: Northwest real estate sales slide Inventory growth helps lift home prices Home sales in western Washington fell 9.1 percent in March from a year ago, as prices posted another month of…