local real estate news, statistics, and commentary without the sales spin.
With another quarter fully in the books, let’s take a look a the latest data on pending sales volume versus closed sales volume. For this series I roll the pending sales and closed sales data up by quarter, with pending sales offset by one month. In other words, the second quarter numbers below represent pending…
With the big increase in the county-wide median price between May and June, let’s take an updated look at how King County’s sales are shifting between the different regions around the county. This data is interesting to keep tabs on since geographic shifts can and do affect the median price. In order to explore this…
It’s been half a year since we last checked in on Consumer Confidence and mortgage interest rates, so let’s take a look at a long-overdue update to those charts. First up, here’s the Consumer Confidence data as of June: The overall Consumer Confidence Index currently sits at 101.4, up 7 percent in a month and…
As a follow-up to this morning’s post about the future of single-family housing in Seattle, here’s the final report from the Mayor’s “Housing Affordability and Livability Advisory Committee”: Seattle Housing Affordability and Livability Agenda (pdf) There are a few relevant portions of the report that address single-family zoning. From page 21 of the report: MF.1…
Remember a few months ago, when I suggested that single-family housing in Seattle would be on its way out soon? If Seattle’s population keeps growing, there is a hard housing reality that we’re going to have to face: the death of the single-family home. As of 2013, roughly 43 percent of Seattle’s housing stock is…