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October Reporting Roundup
Let’s take some time to check out the local press’ reaction to the undeniably slow NWMLS housing market statistics for October. Here’s a blurb from the NWMLS press release that accompanied yesterday’s numbers: Housing Activity in Western Washington during October Described as "Disappointing, but Not Unexpected" Housing activity for Northwest Multiple Listing Service members was…
NWMLS: Home Prices Rewound to Late 2005
Time for October market statistics from the NWMLS. Here’s a snippet from the NWMLS press release: Housing Activity in Western Washington during October Described as "Disappointing, but Not Unexpected" Housing activity for Northwest Multiple Listing Service members was disappointing last month, but not surprising, according to one industry executive. He and other representatives of the…
Cool New Features on Redfin
For those of you that have been waiting for Redfin to add the NWMLS Cumulative Days on Market to the information displayed on listings, your wait is over. Redfin unveiled a bunch of new features today. Here’s a list of what I’ve noticed so far: Cumulative Days on Market displayed property type now broken down…
Housing Shortage or Overbuilt—A New Look at Supply and Demand
There has been some talk lately about the overall housing stock in the Seattle area, and whether construction has been able to keep up with population growth, or if there is a housing shortage that will lead to another housing boom in a few years. So I thought now would be a good time to…