Here’s the breakdown of homes on the market and homes that went off the market last month in King County (SFH only). While the number of delistings had been dramatically increasing year-over-year earlier since June last year—even reaching 200% YOY in April—the rapid growth seems to have leveled off, with November’s 1,758 delistings nearly matching…
Weekend News Roundup
Here are a few local real estate stories to kick off this snowy Christmas week. Aubrey Cohen, Seattle P-I: It’s refi — not buy — in Seattle’s housing market Unusually low interest rates have spurred a run of mortgage refinancings in the Seattle area, but not necessarily more home purchases. … Andrew Gledhill, an associate…
Poll: Would you delay a home purchase based solely on poor weather?
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 12.27.2008.
November Neighborhoods Months of Supply Update
Let’s close out the week with a look at “Months of Supply” for the 30 NWMLS areas in King County. For an explanation of what months of supply means, please refer to the original neighborhood MOS breakdown post. Also, view a map of these areas here. November MOS for King County as a whole came…
HOPE for a Whopping 312 Homeowners
I thought this was somewhat interesting. You may recall the “Foreclosure Prevention Act of 2008,” about which we held a poll back in July. One of the primary aspects of the Foreclosure Prevention Act is the HOPE (Home Ownership Preservation Entity) for Homeowners program, which was intended to: …insure up to $300 billion for 30…