Just for kicks, let’s do an almost end-of-year check on the San Diego County / King County overall median price comparison. If you recall, back in March San Diego County’s median was at $415,000, while King County’s was at $395,000. Our March “forecast” called for San Diego to fall to $366,771 by the end of…
Weekend News Roundup – Rents Flattening, Development Halting
I was out of town all weekend in SF (driving back yesterday was not particularly fun, I assure you). Here’s a roundup of some of the local and notable national real estate stories that were waiting for me in my inbox upon my return this afternoon: First up, a blog post by P-I real estate…
Poll: 4.5% Interest Rates for New Purchases:
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J. Lennox Scott & Dick Beeson Predictions vs. Reality
Some quotes from J. Lennox Scott about the local real estate market. October 2007: This is an ideal time for buyers because they no longer have to pay the pricing premium that existed in previous years. There is less competition for homes, yet prices continue to appreciate, creating a great opportunity for buyers to position…
Foreclosure Increases Slowed in November
Here’s your November update on Foreclosure activity in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: November 2008 King: 540 NTS, up 57% YOY Snohomish: 220 NTS, up 28% YOY Pierce: 465 NTS, up 28% YOY The graphs below are derived from monthly Notice of Trustee Sale counts gathered at…