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…
Beating a Dead Horse: Gas Prices
I realized we have beat the subject to death with a pair of posts and this week’s poll, but I had to at least point out a Rhodes piece in today’s Seattle Times on the issue of gas prices and home buying patterns: Will gas prices drive homebuyers away from suburbs? The article starts off…
Poll: Would you consider buying a home closer-in due solely to today’s higher gas prices?
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 07.12.2008.
Housing Bust Slowing Population Growth
Aubrey Cohen reports on some interesting population growth data just released by the state Office of Financial Management. …difficulty selling homes elsewhere has slowed population growth here over the past year, according to new estimates from the state Office of Financial Management. Seattle and King County grew 1.1 percent and 1.2 percent, respectively, between April…