Suit against WaMu granted class-action status: http://bit.ly/9mOpfO (Also: Whoa, @PSBJ blog redesign!) # RT @KellyGilblom: King County tax foreclosures a record high http://bit.ly/a0KMgG via @bizjournals # Homebuyer tax credit – Original CBO cost estimate: $6.6 billion | Actual cost: $12.1 billion http://bit.ly/dvaddy Yuck. # I'm a sucker for the Smith Tower. RT @urbnlivn: Smith Tower…
Reader Question: Today’s Best Rental Strategies
A reader asked this question about strategies for today’s rental market: Alright experts, I was going to buy a house this fall/winter but after following this blog for a few weeks have decided to wait it out. Here’s my question: Given the current situation, what is your prediction for the rental market, specifically houses, in…
Trashed Consumer Confidence = No Housing Recovery
It’s been a while since we posted an update of our interactive Consumer Confidence chart, and I thought in light of our series of big picture week posts last month it might be nice to see how people are feeling about the economy in general. Consumer Confidence Index Powered by Tableau Since dropping below 25…
Redfin: September Sales Pre-Frozen for Winter
Full disclosure: The Tim is employed by Redfin. Last week Redfin released their September market data. Here’s an excerpt from the narrative: “Most of my clients are taking a wait-and-see approach to buying this past month,” said Michelle Swierz, a Redfin agent in Bellevue. “With little to no new inventory coming on the market, a…
Misleading Total Square Footage from NWMLS Includes Unfinished Basements by Design
If you’ve been searching for homes in the Seattle area for longer than about a week, you’ve probably had an experience like this: After searching your favorite listings website for homes between 1,500 and 2,000 square feet, you find a decent-looking 1,800 square foot home that looks like a good candidate in your price range….