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…
Forbes: Seattle Most Likely to Rebound
In a story eerily similar to SmartMoney’s “best shape for a rebound” article Forbes once again places Seattle #1 on their own list of Real Estate Markets Most Likely To Rebound. The best cities in which to invest are those that are considered gateways to international investment, have vital downtowns where people can forgo cars,…
Comparing the US and Japanese Housing Bubbles
I have been looking for a graphic that accurately compared the Japanese and US housing bubbles for some time. Usually when you see this sort of thing, it compares US housing prices to Japanese land prices – as shown below in a chart clipped from the Economist. Comparison of US housing and Japanese land prices….
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