Here’s a detail in today’s Seattle Times article about Insignia—the first new construction condo project to break ground in five years—that caught my attention: While condo prices at Insignia haven’t been set, Bosa said, “they’ll be more than you can buy anything [downtown] for now.” More than anything that’s for sale right now? Yikes. One…
Cheapest Homes: June 2012 Edition
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…
May Stats Preview: Not Really a Preview Edition
Granted, I missed the pre-NWMLS stats window, but I’d still like to post the stats preview charts for May. Most of the charts below are based on broad county-wide data that is available through a simple search of King County and Snohomish County public records. If you have additional stats you’d like to see in…
May Reporting Roundup: Double Quick Action Market
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: Tight inventory,…
NWMLS: Closed Sales Finally Break Back Above 2,000
May market stats were just released by the NWMLS. Two big firsts in this month’s data. The first month-to-month increase in inventory so far this year and the first time closed sales of single-family houses broke 2,000 in King County since August 2007. Now we finally know: Greg Perry’s 2009 prediction was just 3 years…