Either this report is a fabrication, or the guys in question haven’t been clued in to how special Seattle is… Construction workers from across the country came to the Cedar Rim Apartments in Newcastle for a major remodeling project.They worked for weeks but were only partially paid. Now, some are stranded and taxpayers are footing…
The Ringing "Ka-ching From a House in Seattle"
Here’s yet another boilerplate national real estate article rah-rah’ing Seattle’s apparent resilience: Amid all the news of plummeting national housing numbers, the premise still holds true that all real estate is local, and nothing supports that premise more than the statistics on local home price appreciation. The ka-ching from a house in Seattle rings just…
Prices In Seattle Still Hot, Hot, Hot!
Check out this delightful piece from today’s Wall Street Journal: Where home prices are hot now The housing news isn’t all grim. Even as prices sag nationwide, there are several cities in the country where home values are climbing smartly.Portland, Ore., Boise, Idaho, Seattle, Salt Lake City, Houston, Austin, and Charlotte and Raleigh, N.C., are…
April Reporting Roundup
Here’s a compilation of what your local press (aka real estate advertisers) had to say about last month’s home sales data from the NWMLS. It’s depressing to think that these sources are where most people get their news of the market from… Elizabeth Rhodes, Seattle Times:King County home prices keep rising, bucking national trendBuying a…
Listings Way Up, Sales Continue Descent
It’s time for April statistics from the NWMLS. King County SFH summary: April 2007Active Listings: up 38% YOYPending Sales: down 10% YOYMedian Closed Price: $465,000, up 11% YOY Sales continued their descent, making April the 17th of the last 18 months to register a YOY decrease in pending sales. Likewise, inventory continues to balloon, registering…