Time for another Friday Flashback! Today’s flashback comes at you from February 2007, as the Seattle Times declared 2007 to be “The year of the condo in downtown Seattle” (emphasis mine). [Condo developer David] Thyer insists that Seattle isn’t like other cities, where developers are struggling with an oversupply of new condos. There’s a demand…
September Housing Stats Around the Sound
By request, here’s a return of the county-wide stats from around the sound, as of September As usual, courtesy Tableau Software (available free to use online), the Around the Sound update is rocking sweet interactive data visualizations. Feel free to download the old charts in Excel 2007 and Excel 2003 format. To get specific info…
September Reporting Roundup: Free-Falling Sales Edition
photo by Flickr user divemasterking2000 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…
NWMLS: King County Home Sales Drop Further Into Gutter
September market stats have been published by the NWMLS. Here’s what they have to say about their numbers: "Wise Buyers" Taking Advantage of Chance to Get Stellar Homes. MLS director Pat Grimm, managing broker at Windermere RE/Capitol Hill in Seattle, reports an upsurge in people looking at properties, particularly move-up buyers. He attributes some of…
Strong Emotions on Both Sides of the Housing Bubble
Here are a pair of noteworthy comments from yesterday’s discussion about large price haircuts. photo by Flickr user allyaubry By Guest: 1. What’s up with the sudden popularity of phrases regarding debt and suffering that include the word “haircut.” 2. A “FUN” property? What exactly is “fun” about this situation. How is an inflated “boom-era”…