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). First up, let’s have a look at the source material from the NWMLS itself….
NWMLS: Sales Still Down Big YOY, Prices Falling Too
October market stats have been published by the NWMLS. Here’s their press release: Housing Activity Remained Sluggish During October; Market Change Not Likely to be "Light Switch" Moment. Housing activity around Washington state remained lackluster during October, with brokers reporting year-over-year declines in pending sales. On a brighter note, prices on sales that closed last…
Reader Question: Break the Lease, or Find a New Renter?
A reader asked a somewhat offbeat question a couple weeks ago that I think merits some futher discussion. My husband and I are leaving the state for work in the midwest. In April we moved into a underpriced rental house and signed a lease until June 2011 thinking that if we leave the owner would…
Cheapest Homes: November 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…
Top 30 Cities: Price to Rent & Price to Income Ratios
As something of a follow-up to September’s Big Picture Week, I thought I would post another update to the multi-city price metrics table. This time I figured I would expand the list to the top 30 so DC, Vegas, and Portland wouldn’t feel left out. Data is current as of August 2010. Previous posts covered…