By request of ChrisM and Alex, I ran the commission numbers I posted Friday through an inflation-adjustment. The chart below plots the total yearly commissions on single-family home sales in King County in 2011 dollars, adjusted based on the Bureau of Labor Statistics Consumer Price Index for the Seattle area (series CUURA423SA0). After you adjust…
Poll: Under my house, I prefer…
This poll was active 01.22.2012 through 01.28.2012
Weekly Twitter Digest (Link Roundup) for 2012-01-21
PMI no longer tax-deductible. Good. http://t.co/5Q5awthU # Good news, everyone! The housing market is “in recovery” according to Lawrence Yun. http://goo.gl/4HXoC A bunch of kids are suing Quadrant Homes apparently: http://goo.gl/Y7xZZ Powered by Twitter Tools
Total Commissions Cut in Half Since 2005 Peak
Here’s a different take on sales and price data that I found interesting. I took the total sales volume of single-family homes in King County for each year and multiplied it by the full-year average sale price, then took six percent of that amount to arrive at a total amount of potential commission paid to…
Guess the Price Round 3 Update: 13 Open Houses Later…
It’s been over two months since we kicked off Round 3 of our Guess the Price contest, so let’s have a little checkup. In the chart below I have plotted each of the thirty-two guesses by readers in this contest as a blue circle. The orange squares show where the home’s asking price has been…