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Simple Affordability Calculator
I’m in Texas for the weekend with limited access to the internet, so unfortunately I was unable to write a substantive post today. However, I did have some time on the airplane to create a javascript version of the basic affordability calculator I developed in Excel a few weeks ago. Given that home prices are…
Reporting Roundup: The bottom is in, unless it isn’t.
Time for yet another thrilling installment of “see how the local press repackaged the NWMLS press release.” First, for comparison, here’s the NWMLS press release that accompanied yesterday’s numbers: Western Washington Home Buyers Starting to Grasp “unique housing opportunities” “I believe these results are reflective of what might be called a “mental filibuster” for potential…
NWMLS: No Signs of a Housing Market Bottom in February
Let’s check in on February market statistics from the NWMLS. First up, the NWMLS press release. Home buyers appear to be in a “mental filibuster,” according to one real estate executive upon seeing the latest figures from Northwest Multiple Listing Service. The report on February activity for 19 counties across Washington shows slight gains in…
Massive Condo Oversupply on the North End
In keeping with the old cliché that “all real estate is local,” let’s take a moment to look at one local market: Kenmore townhomes and condos. I selected Kenmore because it happens to be where I live, so I am pretty familiar with the area and what projects have been built over the last couple…