With the number of homes for sale rapidly increasing the last few months, and the pivotal month of October now nearly halfway over, I think it is a good time to take somewhat of an in-depth look at inventory. I refer to October as “pivotal” because as far back as I have reliable data (2000),…
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Nutcracker
I’ve never taken part in a “blog war” before and I don’t really know what one looks like, but after witnessing the events over the past few days I’d say we’re in the middle of one. You might have seen Rain City Guide’s recent post by Galen Ward, “There will never be a real estate…
The Bubble Isn’t Bursting Here!
Yesterday afternoon I received the following friendly mass e-mail from our resident ziprealty.com representative and real estate expert, Jennifer Fisser. This PDF was attached to the e-mail. Hi Chad: The bubble isn’t bursting here! Please see this breakdown of renting vs owning. I thought you might find it of value. Hope things are well. :)…
Seattle PI’s Take on Sept. NWMLS Numbers
Signs of housing slowdown Seattle’s median home price in September was up just 4.4 percent from a year ago and down from both July and August, according to new statistics. It’s the lowest year-to-year increase and the first time prices have dipped two months in a row since January 2004. The median home sold for…
WAMU to cut 140 at Lynnwood Loan Centers
The Everett Herald reports that Washington Mutual is cutting 140 processing jobs in Lynnwood (Home Loan Center I presume). Evidently the majority are in processing and the company expects to move some of the operation overseas. “More reductions are possible,” said Tim McGarry, vice president of corporate public relations. “It is true that there may…