"Nightmare tenant charged with fraud" http://t.co/CfKNC1ToAK via @SeattleTimes -> City of Snohomish considers "apodments" (rooming houses) for affordable housing: http://t.co/DaUEQHHEm5 via @EverettHerald -> "Puget Sound area housing rebound begets a new shortage: lots" http://t.co/zfsrmr9gRk via @PSBJ ->
Real Actual Listing Photos: Best Kitchenette Ever
It’s time for another installment of Real Actual Listing Photos. Once a month (or so) I round up some of the most bizarre listing photos from around the Seattle area and post them here, with brief excerpts from the real actual listing description, and probably a bit of snarky commentary. Here’s another reminder for those…
Nearly Half of New Listings Pending in Two Weeks
Full disclosure: The Tim is employed by Redfin. Redfin released February housing market data last week, so let’s take a look at the rate at which new listings are going under contract in two weeks or less in the Seattle area, compared to San Francisco and the national rate: I was concerned when this number…
Job Gains Moderate in February as Unemployment Dips
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 fell off, dropping from an 8.2% year-over-year gain in January to just 5.4% in February, and the over ten percent gains we…
Sales of $200K-$300K Homes Dipped in February
Let’s have another look at our monthly sales histogram. After sharpening in January, the sales curve flattened out again in February, with home sales between $200,000 and $300,000 taking a hit while home sales between $400,000 and $500,000 bumped up. The mode (i.e. the bucket with the most sales) for non-distressed sales moved from the…