Now that 2009 Q1 + 1 month is in the past, let’s have an updated look at the relationship between pending and closed sales. For previous posts on this subject, hit the ‘pending’ tag archive. Below is the updated chart including 2009 Q1. It shows quarterly King County SFH pending sales volume from the NWMLS,…
April Reporting Roundup: Pending, Pending, PENDING!
Time for our monthly check on the local papers (or digital former papers, as the case may be) to see how creatively this month’s NWMLS press release is rehashed. First up, here’s the source material: the NWMLS press release that accompanied yesterday’s numbers: Pending sales in Western Washington rise with improved affordability, buyer incentives Northwest…
NWMLS: Huge Gap Opening Between Pending and Closed Sales
It’s time for April market statistics from the NWMLS. Here’s the NWMLS press release: Pending sales in Western Washington rise with improved affordability, buyer incentives Northwest Multiple Listing Service members reported pending sales for April surged 11.4 percent compared to twelve months ago – and rose 21.3 percent from March. Brokers reported 6,918 pending sales…
Public Service Announcement: Seattle vs. San Diego
Seattle, WA King County SFH median price: $363,850 King County SFH new construction median: $465,900 King County SFH + condo median: $335,000 March ’09 Seattle metro area unemployment rate: 8.9% San Diego, CA Central San Diego County SFH resale median: $300,000 Central San Diego County SFH new construction median: $355,000 Central San Diego County SFH…
Walking Away at Olive8
We made a passing mention of Olive8 pre-sale buyers walking away from their deposits in the condo sales status project post (which is still being compiled, by the way), and a week or so ago the Seattle Times posted a story about buyers at Olive8 and elsewhere walking away. On Saturday local entrepreneur Andy Liu…