local real estate news, statistics, and commentary without the sales spin.
June market stats were published by the NWMLS this afternoon. Here’s a snippet from their press release: Northwest MLS brokers say market stays "extremely competitive;" some industry experts believe "housing affordability may never be better". Current market conditions — including rising mortgage rates, tight inventory and declining unemployment — are driving even more buyers into…
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…
The relatively large gains we’ve seen in active listings over the last few months have reversed a nearly three-year trend of ever-shrinking inventory. I thought would be interesting to see how long it will take us to get back to a respectable level. Here’s what inventory will look like if the April to June trend…
Now that the month of June is behind us, 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 preview,…
This poll was active 06.30.2013 through 07.06.2013