local real estate news, statistics, and commentary without the sales spin.
Let’s take another look at what share of the monthly sales are being taken up by bank-owned and short sales. In December 2011 20.3% of the sale of single-family homes in King County were bank-owned. In December 2012 that number was just 6.0%. I keep thinking this number will go up as more traditional sellers…
Well, this is just depressing: After the first two full weeks of the year, new listings of single family homes in King County are down 25% from last year. This follows a 14% drop last year and an 18% drop the year before that. For buyers who were hoping that the new year would bring…
Since we looked at the affordability index last week, Let’s have an updated look at the “affordable home” price chart. In this graph I flip the variables in the affordability index calculation around to other sides of the equation to calculate what price home the median household income could afford to buy at today’s mortgage…
This poll was active 01.13.2013 through 01.19.2013
Top 10 Most Expensive King County Home Sales of 2012 – http://t.co/JPtZXBvJ via @urbnlivn -> "Court allows high-rise condos at Point Wells" Now, whether anyone would BUY luxury condos there… http://t.co/fyaiWuvk via @EverettHerald -> "Rockefeller Group plans to build offices in downtown Bellevue" (three office towers, 2.4M sqft) http://t.co/R9ql6oBs via @SeattleTimes -> What will they…