On the eve of the spring selling season, I am pleased to introduce the latest resource for potential home buyers across the country, Priced Out Forever. In the words of the site’s front page: Priced Out Forever is your Internet headquarters for analysis, humor, and news about the so-called threat of allegedly never-ending soaring home…
February Reporting Roundup
I’m going to do the monthly reporting roundup a little differently today. I’m going to keep it simple. What you see below is a list of my favorite line from each of the local writeups. It’s too early to say if this spring’s home sales will be a repeat of last spring’s frenetic activity, but…
Sales Up, Inventory Up More, Prices Flat
February statistics from the NWMLS have been posted. As is the custom, the Seattle Bubble Spreadsheet has been updated and uploaded. Some of my guesses for King County were fairly close, with the notable exception of Pending Sales (Res), which shot up to 2,375. That’s +7.66% YOY, ending the 15-month streak of declining YOY sales….
Stupid Legislative "Solutions"
Here’s an article that appeared in the Everett Herald a few weeks ago about yet another misguided legislative attempt to solve the “housing crisis.” One of the bills Nathan Gorton is backing in the Legislature this year sounds like it makes too much sense to do anything but go down in flames. What he’d like…
Bubble Link Roundup
It’s time to clear out all the news alerts in my inbox again. Here’s another round of local real estate links from the past few weeks: Seattle definitely appears to be “special” in one area: real estate websites. Ms. Rhodes reports on ForeclosurePoint; the latest to join the fray. Bremerton: up and coming? If you…