With February behind us, would anyone care to venture a guess as to what the NWMLS stats will show when they’re released in the coming week? Here are my baseless predictions for King County: Median Price (Closed)Res + Condo: $372,000Residential: $425,000Condo: $272,500 Res OnlyActive Listings: 6,250Pending Sales: 1,900 What is your guess? Seattle Bubble Tip…
Who Should You Believe?
The post you are about to read is true. The names have been change to protect the… Well, mainly because I don’t want to start a blog war. For this same reason, I have not provided links to the posts I mention. They are available for verification upon private request. By now, most sensible people…
Seattle is Different. We’re Totally Immune.
Dow, Nasdaq, S&P500Click to enlarge Microsoft & BoeingClick to enlarge Update: By request, here is a graph of today’s stock performance for a handful of other locally-based companies. Other Seattle-Area CompaniesClick to enlarge For those of you keeping score at home: Boeing: -1.95% Microsoft: -4.12% Amazon: -5.00% Starbucks: -3.94% Nordstrom: -7.59% Costco: -3.48% Washington Mutual:…
Forbes: Seattle Job Market Middling
Seattle home prices can’t possibly fall, because we’ve got one of the best job markets in the country! At least, that’s how the argument goes… but according to the latest claims from Forbes, that argument might not hold much water. Oklahoma has inspired its share of songs and one memorable musical. But it’s not exactly…
Seattle Bubble Forum Highlights
There are lots of great conversations going on over at the Seattle Bubble Forums, why don’t you join in too? Here’s a sampling of what’s going on over there: Alan offers some perspective on half-million-dollar homes. A couple of threads toss out predictions for 2007 Matthew points out that stocks may be headed for a…