It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). To kick things off, here’s an excerpt from the NWMLS press release: Northwest MLS…
Happy Independence Day!
Happy Independence Day, everybody!
NWMLS: Sales Slip, Inventory Increases, Prices Gain
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…
Cheapest Homes: July 2013 Edition
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…
Inventory Now On Track to Beat 2012 By August
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…