local real estate news, statistics, and commentary without the sales spin.
October market stats are now available from the NWMLS. Here’s a snippet from their press release: Home sales "pause" with government shutdown, but brokers mostly bullish on market recovery. Home sales “paused” during October but prices continued to rise, according to the latest statistics from Northwest Multiple Listing Service. Commenting on year-to-date totals for 2013…
Don’t worry: This will be my last post about the shadow inventory issue for quite some time. In last Friday’s post about shadow inventory, “Haybaler” shared a great link in which Calculated Risk reported LPS delinquency data for September. This data addresses the main complaint some of you have raised about my previous analysis of…
With the month of September now in the history books, let’s have a look at our stats preview. Most of the charts below are based on broad county-wide data that is available through a simple search of King County and Snohomish County public records. If you have additional stats you’d like to see in the…
This poll was active 11.03.2013 through 11.09.2013
A number of you took issue with my data-backed claim that foreclosures are proceeding in a normal, orderly fashion and shadow inventory is a non-issue in the Seattle area. Your main objection seems to be based on a belief that there are large numbers of homes with mortgages that the borrower has stopped paying months…