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…
Total Delistings by Year: 2001-2008
On last Friday’s delistings update post, a reader requested that I provide a view of the data showing cumulative year-long numbers. So, here it is: What stands out to me is how relatively stable the number of new listings has been through the past eight years, varying less than 20% from the lowest year (2008)…
More Unfounded Starry-Eyed Nonsense from Lawrence Yun
Discredited NAR mouthpiece Lawrence Yun paid Seattle a visit on Friday to spout some more of his trademark wish-based forecasting. The Puget Sound Business Journal and the P-I both had brief write-ups of his presentation. From Aubrey Cohen’s write-up in the P-I: “We believe that the home prices have already fallen to what could be…
Poll: Which debt-encouraging tax benefit would you most like to eliminate?
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 03.07.2009.
The Crisis of Credit Visualized
Great visualization of the mess we’re in. The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.