February market stats have been published by the NWMLS. Here’s the NWMLS press release: Northwest MLS brokers say housing market in Washington State indicates recovery. “We are entering what is traditionally our busiest home selling season,” said NWMLS director OB Jacobi, general manager of Windermere Real Estate Company. “With the first job increase since 2008…
Cheapest Seattle Homes: March Edition
Let’s check in again on the cheapest homes around Seattle proper. For methodology and a brief explanation of the reasoning behind this series, hit the April 2009 post. Please note: These posts should not be construed to be an advertisement or endorsement of any specific home for sale. We are merely taking a brief snapshot…
Details on Escala’s Exit from Fantasy Land
Kirsten Grind over at the Puget Sound Business Journal posted a more detailed update yesterday on the 180° strategy turnaround at the upscale downtown condo complex Escala that we mentioned a month ago. Escala cutting condo prices by 50 percent Downtown Seattle condominium tower Escala will lower prices by as much as 50 percent on…
February Stats Preview: Wacky Warranty Deeds Edition
With February in the rear-view mirror, let’s have a look at our monthly stats preview. Most of the charts below are based on broad county-wide data that is available through a simple search of King County Records. If you have additional stats you’d like to see in the “preview,” drop a line in the comments…
Can You Really Climb the Equity Ladder?
I’m working on a post that explores the concept of the homebuying “equity ladder” (or “property ladder“), in which the lifetime buying plan of the typical American homebuyer is assumed to look like: photo by Flickr user Atle Brunvoll Buy a cheap starter home in your 20s. Maybe a little 2-bed house or a condo…