I like to keep tabs on what’s going on in my neighborhood, and when a little house a block away was listed for rent on Craigslist (screenshot) this week, I remembered seeing it as a foreclosure on the market for sale last year. I got a little curious to know some more about this home’s…
Near-Record Affordability Still Driven by Low Rates
It has been a while since we had a look at the local affordability index, and now that we’ve got all of the data for 2012, it seemed like a good time to take another look. As a reminder, the affordability index is based on three factors: median single-family home price as reported by the…
Consumer Confidence: Expectations Dipped in December
It’s time for another update of our interactive chart of Consumer Confidence. You can drag the time sliders below the chart to view data going all the way back to 1998. Here’s the data as of December: Powered by Tableau At 62.8, the Present Situation Index has gained 211% from its December 2009 low point,…
Reporting Roundup: Unique Greedy Frenzy Edition
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…
NWMLS: 2012 Ends on a Sour Note for Buyers
December market stats were published by the NWMLS this morning. Here’s a snippet from their press release: Northwest MLS Tallies Busy December as First-time Buyers, Investors Return. Brokers expect the housing market rebound to continue, while cautioning sellers to refrain from becoming too greedy and expressing hope for “controlled natural growth” to sustain the recovery….