There has been some discussion in the comments over the weekend about whether or not the current home price boom in the Seattle area is “unprecidented.” We have already explored the long-term home price trends in King County going back to 1946, but I thought it would be instructive to look at the data in…
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Great Reports from Redfin and Zillow
There has been some great stuff coming out of our Seattle-area “alternative” real estate businesses Redfin and Zillow this week that deserve to be mentioned. First up, Redfin came out with a great paper called Seven Tactics for Real Estate Bargaining. Check out their blog post announcing the study here. They analyzed recent sales data…
July Reporting Roundup
Even when we have direct access to the hard facts of the local real estate market, it’s still fun to see what kind of spin the local papers put into their report of the data. So, it is time yet again to continue our monthly tradition of rounding up all the local “mainstream” articles about…
NWMLS: Prices and Sales Volume Down, Listings Up in July
All right, after a bit of a technical glitch yesterday, things seem to be back to normal today, so it’s time for NWMLS July statistics. Here’s the NWMLS press release: July’s Pending Home Sales Dip Slightly From June, Prices Edge Up. Here is your summary along with the usual graphs and other updates. Here’s your…