Inventory Growing Like Gangbusters

As a follow on to Tim’s post yesterday about December stats – the thing that jumped out at me from his post was the growth in inventory. Given that there have been a few comments on the blog about home sales picking up, I thought a data-driven look at what is happening with active listings […]

NWMLS December Graphs Update

Many thanks to Deejayoh for posting the NWMLS summary in my absence. By request, I am am posting the usual press release link, graphs, and spreadsheet update in addition to his timely post on the data. Here is the NWMLS press release, with links to the pdf summaries. Here’s your King County SFH summary: December […]

Portland worst, Seattle first

In my perusals of real-estate blogs this morning, I ran across a link to Housing Predictor, a site which has recently published a forecast for the top and worst performing housing markets in 2008. Housing Predictor describes their business as follows: We examine more than 20 micro market characteristics in each market place, including income […]

Looking back to look forward: Snohomish Co.

I want to talk about Snohomish Co., not that there’s anything wrong with King Co. (hey, I grew up on 23rd and Prospect on Capitol Hill, so I know the area). Not everyone in Snohomish Co. drives Ford trucks, has big hair/mullet and listens to Cinderella or Quiet Riot. Yeah, cheap shot. Moving on… The […]

NWMLS: Seattle off 1.5% YoY, King County off 1.1%

Quick post, NWMLS numbers have been released for December – showing that both Seattle and King County SFH have gone negative on a year-over-year basis. From Aubry Cohen at the PI The median selling price in December was $455,975 in SeattleInfolgedessen wenn Sie bequemem Vorratsbehalter online denken, überpruft Organisation Ihr Schotterhaufen oder Einkaufen auf Ihrer […]

Rents to Rise, or Home Prices to Fall?

One of the arguments often discussed with respect to the housing bubble is the fact that the ratio of prices to rents has been fairly consistent on a historical basis, but that this ratio has been blown out in the past few years as home prices have shot up. Indeed, this can be seen in […]

October Case-Shiller: Seattle’s Slide Picks Up Steam

The October data from from Case-Shiller has been released, showing that Seattle remained one of only three markets to have positive year over year returns (in addition to Portland and Charlotte), while posting it’s third straight month of declining real estate values: – Down 0.94% between September and October. – Up 3.30% YOY. We now […]