local real estate news, statistics, and commentary without the sales spin.
New local job stats came out this week, so let’s have a look at the Seattle area’s employment situation. First up, year-over-year job growth, broken down into a few relevant sectors: Construction growth dipped again, dropping from a 5.9% year-over-year gain in February to 5.2% in March. With 6.4% year-over-year growth, the retail sector was…
I was going through my public “To-Do List” when I came across this user submission: Talk about the upside of the bubble in terms of neighbor quality I really enjoyed one aspect of Seattle’s bubble. I loved the “rising tide” effect that seemed to be transforming my neighborhood. Hard to quantify. More of a qualitative…
Let’s have another look at our monthly sales histogram. Sales across all price tiers got a big boost in March, while the sales curve stayed basically the same shape as February. The mode (i.e. the bucket with the most sales) for non-distressed sales moved from the $400,000 to $450,000 bucket in February down to the…
This poll was active 04.21.2013 through 04.27.2013
"Financiers worry Seattle’s apartment boom is overdone" http://t.co/463RRbQgsN via @SeattleTimes -> "Over the long haul, the economy grows when people invest in things other than housing." http://t.co/KgOnC2unkx via @WSJ -> "'Apodment' living isn't for Snohomish, council says" http://t.co/EwMmy29UiF via @EverettHerald ->