One in Four Pending Sales Still Not Closing

Posted on by The Tim

It’s been quite a while since we last had a look at the percentage of pending sales that turn into closed sales, so let’s refresh that chart and take a look a the latest data. This particular series is fairly noisy when you look at it with monthly granularity, so for this post I’ve rolled…

Consumer Confidence Flat, Rates Back to Mid-2011 Levels

Posted on by The Tim

It’s time for another check in on Consumer Confidence. This time around I’m also going to throw in the latest home mortgage interest rate data, since the two are often somewhat related. First up, here’s the Consumer Confidence data as of August: At 70.7, the Present Situation Index decreased 4% between July and August, but…

Guess the Price Round 7: West Seattle Almost-Beach

Posted on by The Tim

It is well past time for another new round of “Guess the Price.” Here’s how the game works. I’ll describe a home that’s currently on the market, giving you as many pros and cons as I can, and you guess what the final sale price will be when/if it sells. Be sure to enter your…

Cheapest Homes: September 2013 Edition

Posted on by The Tim

Let’s check in again on the cheapest homes around Seattle proper. Here’s our methodology: I search the listings for the cheapest homes currently on the market, excluding short sales, in the city of Seattle proper. Any properties that are in obvious states of extreme disrepair based on listing photos and descriptions will be excluded. This…