NAR TV spot I just saw: "America needs jobs, and housing creates them." Translation: if you don't buy a house, you hate America. # "Mortgage tax break at risk?" [I wish, but yeah right] via @SeattleTimes http://goo.gl/6QxEA # Some WA state banks post strong Q2 earnings: http://goo.gl/7tNkp via @PSBJ's @KellyGilblom # A "divorce-oriented real estate…
July Reporting Roundup: Skyrocketing Bottom 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: July housing…
NWMLS: Weak Showing for July Closed Sales
July market stats were just published by the NWMLS. They haven’t posted their press release online yet, but when they do it will be here. By tomorrow their press release will be live, so we’ll save it for the reporting roundup. For now let’s get to the stats. CAUTION NWMLS monthly reports include an undisclosed…
Cheapest Homes: August 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…
Seattle Sees Job Growth, But Not in Real Estate Sectors
It’s been a while since we had a look at local job growth data, and now is as good a time as any to take a look at the latest data. First up, year-over-year job growth, broken down into a few relevant sectors: Finance, real estate, and construction are all still shedding jobs, while overall…