Now that November’s numbers are out, let’s see what the local dead tree press has to say about it. First up, Ms. Rhodes at the Times delivers just what we’ve come to expect; a small dose of reality topped with a heaping helping of positive spin, lame excuses, and bubble denial: More Western Washington homes…
November: Inventory & Sales Trends Continue
The November NWMLS statistics have been published, and overall they came in pretty close to what I predicted a week ago. Here are the vital statistics for King County, along with my predictions: [Statistic: Predicted, Actual]Med. Closed Price (Res): $435,000, $435,000Med. Closed Price (Condo): $260,000, $272,950Active Listings (Res): 7,250, 7,040Pending Sales (Res): 2,000, 1,985 As…
Programming Notes
This is just a short note to point out a few things that you may not be aware of regarding Seattle Bubble. First off, although I haven’t mentioned it explicitly before, Seattle Bubble is available in an RSS feed. If you use a service such as Bloglines or Google Reader, you can subscribe to either…
What Is "It’s a Priority"?
I heard an interesting ad on the radio yesterday. It started off with a generic John and Jane Q. Public talking about how bad traffic is, and how terrible it is that they have to live so far from work, etc… Then Mr. Announcer Guy came on and blabbed something about quality of life, the…
A Lack of Merit
I’ve previously mentioned the demise of mortgage company Merit Financial, but as a number of you pointed out in the comments, this weekend Ms. Rhodes wrote a lengthy piece detailing all the saucy details of Merit’s rise and fall that’s definitely worth mentioning. Former Washington Huskies football player Scott Greenlaw led the mortgage company he…