I thought it might be interesting to take a look at the latest NWMLS data in a slightly different format than usual. In the charts below I have plotted August 2011’s data on closed sales, pending sales, and inventory. Next to that I have also plotted the average values for every August from 2000 through…
Good Ideas that Home Salespeople Hate
There are two good ideas that have been circulating recently that would help keep the housing market from experiencing another dangerous bubble: End (or greatly scale back) the mortgage interest tax deduction. Require at least a 20% down payment for purchases. Here’s a recent article that covers the arguments in favor of ending the deduction:…
Poll: What is today’s best 5-10 year investment?
This poll was active 09.11.2011 through 09.17.2011.
Weekly Twitter Digest (Link Roundup) for 2011-09-10
Wow, those are some seriously over-HDR'ed exterior shots: http://t.co/dJLGwIJ via @CurbedSeattle # Oh snap, @Trulia is moving in on @Zillow's price estimation territory. http://t.co/PQPOUdE # via @SeattleTimes "23 ex-WaMu employees named in federal suit" http://t.co/fko8Sm0 # via @SeattleTimes "Study: Tolls would drive away half of Hwy. 520 traffic" http://t.co/wMpYZ7B I wonder how the tolls will…
Cheapest Homes: September 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…