"Full-sized model homes have returned to the Seattle Home Show, reflecting the turning housing market." http://t.co/zHnmbqBr @SeattleTimes -> Olive 8 developer R.C. Hedreen "ready to build on downtown’s Greyhound block" http://t.co/H9Q3ihkk via @SeattleTimes -> Hooray for home ownership…? "Lake Burien: the public lake you can’t use" http://t.co/Hyyn3l9n Disgusting. via @SeattleTimes -> Guess the Price Round…
Guess the Price Round 4: We Have a Winner!
Recall the price-guessing contest posted to these pages on July 24th: Guess the Price Round 4: Time for a Rerun Today’s “Guess the Price” guest star is likely to be familiar to many of you… because it was the star of our very first Guess the Price contest just a year and a half ago….
Listings Keep Shrinking; Very Few Homes Delisted in 2012
Here’s a view on listings that we haven’t visited in a while. In this chart I use the NWMLS-published data on new listings, pending sales, and total inventory to visualize the inflow and outflow of single-family listings in King County. First up is a chart that goes back as far as NWMLS data is available:…
Distressed Inventory Shortage to Blame for Listings Drought
Full disclosure: The Tim is employed by Redfin. Let’s take a brief follow-up look at new listings. When we checked in two weeks into the new year, new listings in the Seattle area were down 25% from 2012. The data from this post is largely pulled out of a larger-scale analysis I did at work…
Expensive Home Sales Dropped Off Dramatically in January
Let’s have another look at our monthly sales histogram. After flattening out somewhat between November and December the sales distribution curve became much steeper in January as sales above $300,000 fell off dramatically. In December the mode (i.e. the bucket with the most sales) for non-distressed sales was at $350,000 to $400,000, but in January…