Just half a decade after the peak, "Downtown Seattle condos are finally filling up" via http://t.co/oxxTPlQP @SeattleTimes # From the condo article: "Escala's owner… is resigned to losing money on the project. The only question is how much." http://t.co/oxxTPlQP # "Mastro creditors unlikely to recoup more money in near future" http://t.co/7Wxc39VE via @SeattleTimes # Historic…
Friday Flashback: 10,000 New Condos Coming By 2010!
Here’s a delightfully hyperbolic piece from June 2006, about a year before Seattle’s peak pricing (but eight months after sales began declining year-over-year). By this time most of the rest of the country had figured out the boom was over, but remember, Seattle was special! Blaine Weber, half of the big-time local architecture team of…
The Mega Spring Bounce of 2012
In order to quantify just how absurd this year’s spring bounce has been, here are a few charts I generated from the single-family home data on Redfin’s region page for King County: Listings continue to drop through the floor. The selection this year really is abysmal. Meanwhile, listing prices are soaring through the roof. They…
Real Actual Listing Photos: “Went to the Bathroom!”
It’s time for another installment of Real Actual Listing Photos. Once a month (or so) I round up some of the most bizarre listing photos from around the Seattle area and post them here, with brief excerpts from the real actual listing description, and probably a bit of snarky commentary. The idea for this series…
Reader-Suggested Economics Blogs
On this week’s poll about people’s favorite economics blog, readers suggested a lot of economics blogs in addition to the five in my poll. There were so many suggestions that I figured they deserve their own post to share them with the full readership. I have personally never read most of these, so consider this…