I was browsing through some old posts when I came across this one from April 2006, in which I highlighted an email I received from a local real estate salesman: Regardless of what happens with the bubble the longer you wait to purchase a home the harder it will become. The only time I would…
Got Any Requests for the Return of Big Picture Week?
A little over a year ago, I ran a feature on these pages called “Big Picture Week,” in which I dug into a handful of big picture economic fundamentals that relate to Seattle-area home prices. Here’s the table of contents from last year’s feature: Big Picture Week 2010 on Seattle Bubble Case-Shiller HPI Rate of…
Cheapest Homes: December 2011 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…
November Reporting Roundup: Distressed 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: Home sales…
NWMLS: Median Price Still Down Double Digits from 2010
November market stats were published by the NWMLS this afternoon. Here’s their press release: Home sales outpace number of new listings for first time in five years Last month’s total number of mutually accepted offers was 22.4 percent higher than the same month a year ago. It also marked the first month since December 2006…