Google just released an interesting new feature yesterday: Google Trends. One of the interesting features of Google Trends is that it gives you a list of the top ten cities that have searched the most for whatever terms you put in. Obviously, I decided to try it out with the search term "housing bubble." Here…
Error-Ridden Reporting
Okay this post is going to come across a little harsh, but seriously, I thought professional news outlets were supposed to be, you know, professional. However, they’re apparently letting five year old children write real estate news briefs in Federal Way: Median price of homes hits $519,000 The median price for homes in King County…
Follow The Money
Did you catch this one in Saturday’s Seattle Times? For sale by owner? It’s no primrose path. Sometimes selling your own home is easy, especially in a hot market like Seattle. Sometimes it’s tough. Either way, it’s work.…While FSBOs might look great on the surface, industry experts and those who sold their own homes agree…
Million Dollar Homes "Worth Every Penny"
Okay now this is just weird. Remember how the Times and P-I articles about April home sales both had an inordinate focus on the sales of really expensive homes? Well guess who else joined the party? The Everett Herald, with a story ironically titled Worth every penny. The dream of buying a million-dollar home is…
(Absolute) Inventory vs. Pending Sales
Here’s another question from a reader regarding inventory: I have a question about the “houses on the market” stat that you called the press to task on for not reporting. Is it an absolute measure or a relative measure? Because certainly hundreds of new houses came on the market last year- definitely enough such that…