Back from my busy week of travel and recharged over the Easter weekend, it’s time to post the March roundup. As usual, let’s kick things off with Seattle’s #1 real estate cheerleader, Ms. Rhodes, with her fawning article about all about how great and wonderful it is that median prices increased last month. After stalling…
Aubrey Cohen: Real Estate Cheerleader, Renter
I’ll be posting the March reporting roundup either later today or tomorrow, but I caught this story in my inbox and I couldn’t resist mentioning it. Although the subject is “Journalists gamble on job security at the P-I,” the article contains some interesting information about one of our favorite local real estate reporters… (emphasis mine)…
Sound Familiar? Sales Down, Listings Up.
March numbers from the NWMLS are available, and I managed to get a bit of a break before I head back from Chicago, so here comes the data. March King County SFH summary: March 2007Active Listings: up 33% YOYPending Sales: down 11% YOYMedian Closed Price: $454,950, up 12% YOY After an unusual YOY increase in…
"Re-Sales Galore" in Local Condo Projects
Local condo enthusiast Matt made an interesting observation in a post on Urbnlivn Tuesday. Apparently in many of the recently-opened Seattle condo projects there are, in Matt’s words, “re-sales galore.” 33 units at 2200, 19 at Cosmo, and 5 (of 48) at Meritage. Plus, anyone who bothers to spend a little time searching on Craigslist…
"That’s it, I decided. That market’s hosed."
I would like to highlight a post from over on the forum that I think should be read by more people. It was written by my friend Catherine (a.k.a. “Dove”), and posted to the thread How did you first learn of the National Housing Bubble? (Although it really speaks well to the Seattle market specifically.)…