Flashback to September 2006, when the 20-city Case-Shiller index was nearly 30% higher than its latest reading. The National Association of REALTORS® launched a “Public Awareness Campaign” titled It’s a Great Time to Buy or Sell a Home. The primary flier for this campaign is pictured at right. Here are the highlights from the flier:…
Interest Rates SKYROCKET! Everybody PANIC!
Yesterday the Seattle Times ran a syndicated Associated Press piece that came across to me as especially over-the-top…
More Wild Guesses from Forbes on the Housing Market
Over in the open thread, a reader dropped a link to an amusing article from Forbes: No Double-Dip For Housing Although the end of the Fed’s purchases will certainly not help the housing market, we do not believe it will result in a “double-dip” for housing or the economy. Instead, we expect home building, home…
Reporting Roundup: Pending Tax Credit Expiration Edition
Time for the monthly reporting roundup, where I read all the local paper rehashes of the NWMLS press release so you don’t have to. Here’s a link to this month’s NWMLS press release (although it still isn’t live yet, it should appear here): Northwest MLS brokers report 51% jump in pending sales Home sales around…
NWMLS: Median Prices Fall MOM, Inch Up YOY
March market stats have been published by the NWMLS. Here’s a link to the NWMLS press release (not live quite yet), once again headlined with a totally meaningless statistic: Northwest MLS brokers report 51% jump in pending sales. Home sales around Washington state surged last month, with brokers reporting activity at levels “like we haven’t…