Most offers written within the Northwest Multiple Listing Service area use what are referred to as the “statewide forms,” a collection of real estate forms which can be selected and completed by real estate brokers and others. While some attorneys might argue those are not the best forms, they are in general well balanced between the interests of buyers and sellers, and serve the parties well. In contrast, there is one form, the Form 22A financing contingency, which some argue heavily favors the interests of buyers, and which I would argue is poorly drafted…
Zillow Can’t Even Get the Listing Details Right on CEO Spencer Rascoff’s Own Home
People occasionally ask why I am not a fan of Zillow. Here’s a good example, that just so happens to be Zillow CEO Spencer Rascoff’s own home…
October Reporting Roundup: Predictions and Superstitions Edition
“This time is different!”
It always is, isn’t it?
NWMLS: Sales Slip Slightly from September to October
October market stats were published by the NWMLS yesterday. I continue to be surprised that prices are not up 10 to 20 percent year-over-year, with the strong sales and weak inventory numbers we’ve seen all year…
October Stats Preview: Early Sales Dropoff Edition
Sales dropped off a decent amount month-over-month, during a time when they rose a year ago, so the year-over-year growth fell off dramatically. Meanwhile inventory in both counties saw another year-over-year decline that was the biggest in two and a half years. Foreclosure notices in both counties were down slightly month-over-month and year-over-year.