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Will Higher Government Loan Limits Boost Seattle’s Market?
I apologize for not making a more timely post on this subject, but it’s taken me a while to wrap my head around everything that’s really going on, and rather than spit out an uninformed piece full of quotes from equally uninformed newspaper reporters, I thought I’d do some actual research first. So here’s what…
Welcome 710 KIRO Listeners
If you’re viewing Seattle Bubble for the first time today because you heard me, Tim Ellis, on the Dave Ross show (with sit-in David Goldstein) on 710 KIRO, I’d like to welcome you. Be sure to check out the about page to get a feeling for the purpose of this blog. If you’re interested in…
February Reporting Roundup
Here comes this month’s market reporting roundup. After seven months of declining/flat prices, declining year-over-year sales in 27 of the last 28 months, and 23 straight months of an ever-increasing number of homes on the market, I think we can officially declare that the Seattle-area housing market is in a slump. Of course, while the…
NWMLS: Inventory Skyrocketing, Sales in the Gutter (Still)
February stats from the NWMLS showed up even earlier than January. When the press release with pdf links is released I’ll post it here. Here is the summary along with the usual graphs and other updates. Update: Here’s a link to the press release. I can’t help but laugh at the title: Northwest MLS Reports…