Whenever local real estate professionals are quoted in the paper lately, it seems that one line we’ve been hearing repeated a lot is about the alleged loads of “pent-up demand” out there. The thinking goes that there are hundreds thousands upon thousands of potential buyers out there that are “waiting on the sidelines” or “sitting…
King County SFH Q1 Snapshot: The Buyer’s Market Continues
Now that the first quarter is behind us, I thought it might be instructive to give it a little context. Here’s a look at quarterly closed sales of King County single-family homes from 2000 through 2009 Q1: And here’s the same view of pending sales: …and here’s the same view of total new listings: And…
Tomorrow Night: Community Forum on Online Journalism
The following is another blatantly-copied press release for community event #2 put together by the No News is Bad News group that I am loosely affiliated with. Tomorrow’s event will be more future-focused, looking primarily at how to make online journalism a financially sustainable venture. Given that this site is essentially a form of online…
March Reporting Roundup: Spring Fever Edition
Let’s check in on the local papers (or digital former papers, as the case may be) to see how this month’s NWMLS stats are being spun to the populace. First up, here’s the source material: the NWMLS press release that accompanied yesterday’s numbers: Brokers report signs of improvement in “real-time” housing market NWMLS director Dick…
NWMLS: Price Drops and Pending Sales Both Gain Steam
Let’s check in on March market statistics from the NWMLS. When it’s posted the NWMLS press release will be here, along with links to this month’s overview pdfs. Update: The press release has been posted: Brokers report signs of improvement in “real-time” housing market Pending sales around Western Washington for the month of March reached…