I just love it when random people drop by this blog and get the feeling that they need to set me straight. Here’s a recent example of this phenomenon that I found particularly amusing. The discssion (sic) is really lame for those who have a choice between buying a home or renting a home. For…
Inman Weighs In On Latest Washington Stats
Even Inman News is having a hard time denying the Nortwest’s housing slowdown (link becomes subscription-only after today): Home sales in western Washington declined for the sixth straight month in August amid surging inventory, while home prices maintained double-digit annual growth, according to the latest report from the Northwest Multiple Listing Service.…In Pierce County, the…
August Report Roundup
As expected, all the local dead-tree press are reporting today on August’s NWMLS numbers. There’s a lot to check out, and nothing really new, so I’m just going to give a quick overview of each report, Ben Jones style. (And this post is still going to be ridiculously long.) First up, King5 News: There’s been…
Times’ August Blurb Gets It Right
Here are a few interesting quotes from the Seattle Times’ pre-article blurb about the August NWMLS figures: The Puget Sound housing market is still stronger than most of the rest of the country, but signs of slowing are clear. Last month, the third month in a row, median home prices were nearly flat — up…
P-I August Numbers Pre-Report Report
It looks like the local rags are finally going to get around to reporting on the August NWMLS figures. In preparation, the P-I is already practicing their anti-bubble spin with the pre-report report. Real estate experts expect to see slowing sales and price gains and increased inventory, but nothing resembling a bursting bubble, when the…