local real estate news, statistics, and commentary without the sales spin.
As someone who is looking for a home to actually keep long-term and eventually own, last week’s earthquake and resulting major tsunami in Japan was a brutal reminder of the kinds of risks that we face here in the Seattle area. Although we do not have the regular yearly threat of hurricanes or tornados, our…
This article on CNNMoney caught my attention yesterday: Renew your lease – rents could rise 10% Renters beware: Double-digit rent hikes may be coming soon. Already, rental vacancy rates have dipped below the 10% mark, where they had been lodged for most of the past three years. “The demand for rental housing has already started…
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…
Full disclosure: The Tim is employed by Redfin. Last Thursday Redfin released their February market data. Here’s an excerpt from the narrative (which I also wrote): Welcome to Real Estate Bizarro World, where falling supply means falling prices and scarce demand still leads to multiple offer situations. 2011 continues to shape up as an unusual…
This poll was active 03.13.2011 through 03.19.2011.