local real estate news, statistics, and commentary without the sales spin.
Let’s take a look a the latest data on pending sales volume versus closed sales volume. For this series I roll the pending sales and closed sales data up by quarter, with pending sales offset by one month. In other words, the third quarter numbers below represent pending sales from June, July, and August and…
The Seattle Times was on a roll this weekend with interesting real estate stories. Here are a few excerpts: Homebuilder faces suit over construction at Trilogy of Redmond Ridge For years, hundreds of Trilogy at Redmond Ridge residents say they have been pleading with California-based Shea Homes, the 55-plus resort community’s developer, to fix and…
This poll was active 10.12.2014 through 10.18.2014
After mentioning how much the real estate reporting in the Seattle Times has improved, I thought it would be fun to take a look at a classic piece from November 2006, less than a year before home prices in the Seattle area peaked (emphasis mine). Home sales drop, not prices Prospective homebuyers who’ve been frustrated…
Let’s check in again on the cheapest homes around Seattle proper. Here’s our methodology: I search the listings for the cheapest homes currently on the market, excluding short sales, in the city of Seattle proper. Any properties that are in obvious states of extreme disrepair based on listing photos and descriptions will be excluded. This…