For those of you not familiar with Steve Tytler, he is a columnist for the Everett Herald (and also the owner of a mortgage company) who has been pretty much the most reasonable voice in the local media on the housing market. Despite our difference of opinion on just how things will play out, I…
Realistic or In Denial? You be the judge.
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.