local real estate news, statistics, and commentary without the sales spin.
Here’s a great article that printed in the Seattle P-I in February 2007 (you know, back when they still existed as a printed paper). For those undeterred by the sales flier that warned a 96-year-old Columbia City house is “an extreme fixer, to be entered at your own risk” or by the “hazardous environment” sign…
A reader emailed me with a question about home prices compared to gold: Any easy way for you to compare Case-Shiller home prices to gold? I have a hunch prices have dropped much more dramatically than we realize, as our USD goes in the tank. Maybe Goldman’s 22% drop prediction was closer if the nasty…
Let’s check in again on the cheapest homes around Seattle proper. Here’s our methodology: I search the listings for the cheapest homes currently on the market, excluding short sales, in the city of Seattle proper. Any properties that are in obvious states of extreme disrepair based on listing photos and descriptions will be excluded. This…
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: Housing recovery…
October market stats were published by the NWMLS this morning. Here’s what they have to say about their numbers: Housing recovery continues with prices rising as inventory dips to lowest level since 2006. The shortage of inventory is helping propel prices. J. Lennox Scott, chairman and CEO of John L. Scott Real Estate, commented on…