The Craigslist Housing Forum has settled down considerably since last year, and the prevailing sentiment seems to have shifted from “mercilessly mock anyone who thinks housing is overpriced” to “well dang, looks like the market is headed down after all.” However, despite the increasingly obvious indicators that our local market will not be spared the…
If we’re at the top, where do we go from here?
Many of you may have read my previous post that tied the performance of the Case-Shiller index to the growth in inventory. Since then, I’ve done a bit more tweaking of that model – which has proven to be reasonably consistent with actual results over the past few months. Better on the YoY figure than…
September Reporting Roundup: Let the Games Begin
Okay, the biggest real story this month: plummeting sales, resulting in a record-high “months of supply.” The fake story: dropping median prices—which is most likely at least partly an illusion (so far), which can be largely attributed to… you guessed it: the plummeting sales. Let’s see what the news outlets chose to focus on… There…
Poll: Will you use a traditional real estate agent for your next home purchase?
This poll was active 10.07.2007 through 10.13.2007.
Sales Plummeting, Inventory Skyrocketing… Prices Crashing?
September market statistics from the NWMLS are here. As usual, when a public link to the usual monthly press release with links to the recap pdfs becomes available, I’ll post it here. For now, here is a link to the data on the NWMLS Marketing page Here’s your King County SFH summary: September 2007 Active…