Interesting point I hadn't thought about before via @ARDELLd: "Do speed bumps lower property values?" http://is.gd/eZduj # Good news, debt-slaves! It's not your fault, Seattle (the 2nd-most endebted city) is "making you overspend!" http://is.gd/f0UXv # Boeing: Just kidding about those new defense jobs in the Seattle area. http://is.gd/f17F8 # RT @mortgageporter: Local agent & alleged…
Friday Flashback: “The Perfect Buyer’s Market”
Here’s a quote that may sound familiar… NWMLS director Joe Spencer, president of John L. Scott, Inc. described current conditions as the “Buy Zone” and “the perfect buyer’s market.” Looking at the housing market graphically over the past 25 years, it’s evident there are periods when conditions make it the perfect time to buy a…
Is “The Bottom” Always a Good Time to Buy?
NPR ran an interesting segment on Tuesday’s Talk of the Nation: Volatile Housing Market Baffles Homeowners. The subject was the housing market, and host Jennifer Ludden’s guests on the program were Moody’s Chief Economist Mark Zandi and Zillow’s VP Communications Amy Bohutinsky. Their wide-ranging conversation touched on everything from walking away to buying at “the…
August Reporting Roundup: Straw-Grasping 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). First up, let’s have a look at the source material from the NWMLS itself….
NWMLS: August Sales Still Predictably in the Gutter
August market stats have been published by the NWMLS on Friday. It’s rather unusual that they would release the stats so early in the month, but maybe they figured since the cat is out of the bag on their bogus methodology already anyway, they would go ahead and push the report out as early as…