It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). To kick things off, here’s an excerpt from the NWMLS press release: Home Sales…
NWMLS: Housing Market Tightens, Slows Into Fall
September market stats were published by the NWMLS yesterday. Here’s a snippet from their press release: Home Sales Stay Strong but Prices Approaching "Affordability Ceiling" for Some Buyers. Pending sales of homes around Western Washington surged more than 13 percent in September compared to a year ago, and listing activity picked up slightly, fueling both…
NWMLS Levys Big Fine for Using Zillow’s “Coming Soon”
Back in June when Zillow launched their “Coming Soon” listing feature, we pointed out here that you wouldn’t be likely to see “Coming Soon” listings in the Seattle area due to an explicit NWMLS rule forbidding member agents from “promoting or advertising any property in any manner whatsoever” before entering the home’s listing into the…
Poll: Homeowners: How did you buy your home?
This poll was active 10.05.2014 through 10.11.2014
Case-Shiller Tiers: Year-Over-Year Gains Continue to Shrink
Let’s check out the three price tiers for the Seattle area, as measured by Case-Shiller. Remember, Case-Shiller’s “Seattle” data is based on single-family home repeat sales in King, Pierce, and Snohomish counties. Note that the tiers are determined by sale volume. In other words, 1/3 of all sales fall into each tier. For more details…