Let’s check in on the NWMLS statistics from around the sound. Here’s where the YOY stats stand for each of the six counties as of June 2008: King – Price: -4.3% | Listings: +25.4% | Sales: -27.2% | MOS: 6.0 Snohomish – Price: -9.0% | Listings: +8.1% | Sales: -35.0% | MOS: 8.0 Pierce –…
Foreclosures Still Rising Locally
Foreclosures are still on the rise in Washington State and in the Seattle area, according to the Seattle Times. Washington state foreclosure filings were up 69 percent last month compared with the previous June and up almost 10 percent from May, as the mortgage meltdown continues despite government and private efforts to help struggling homeowners….
Localism – Hyper Local Real Estate Sales Pitches
ActiveRain, a site that describes itself as “a free online community for real estate professionals designed to help them promote and grow their business,” has launched a new site called Localism. Localism describes itself as the “world’s most complete neighborpedia,” and the front page invites users to “Go Hyper Local!” It is the latest entrant…
June Reporting Roundup
This month’s theme is “let’s scare fence-sitters by telling them that rising interest rates will eliminate any savings from falling home prices.” Let’s see how well our local papers do at driving this point home. Read on for the this month’s roundup…
NWMLS: Sales, Prices Bump Up Ever So Slightly in June
It’s time for NWMLS June statistics. Here’s the NWMLS press release: Housing Market Becoming More Balanced as Sales Climb to Highest Level in 10 Months. Here is your summary along with the usual graphs and other updates. Here’s your King County SFH summary: June 2008 Active Listings: up 25% YOY Pending Sales: down 27% YOY…