May Reporting Roundup: You Have Missed the Bottom (or not)

It’s time once again to check in with our local press to see who simply rehashed the NWMLS press release and who did some actual journalism. First up, the NWMLS press release that accompanied yesterday’s numbers: Inventory shrinking, sales rising, prices stabilizing in some Northwest MLS areas Waiting longer to buy a home is not […]

April Reporting Roundup: Pending, Pending, PENDING!

Time for our monthly check on the local papers (or digital former papers, as the case may be) to see how creatively this month’s NWMLS press release is rehashed. First up, here’s the source material: the NWMLS press release that accompanied yesterday’s numbers: Pending sales in Western Washington rise with improved affordability, buyer incentives Northwest […]

March Reporting Roundup: Spring Fever Edition

Let’s check in on the local papers (or digital former papers, as the case may be) to see how this month’s NWMLS stats are being spun to the populace. First up, here’s the source material: the NWMLS press release that accompanied yesterday’s numbers: Brokers report signs of improvement in “real-time” housing market NWMLS director Dick […]

Reporting Roundup: The bottom is in, unless it isn’t.

Time for yet another thrilling installment of “see how the local press repackaged the NWMLS press release.” First, for comparison, here’s the NWMLS press release that accompanied yesterday’s numbers: Western Washington Home Buyers Starting to Grasp “unique housing opportunities” “I believe these results are reflective of what might be called a “mental filibuster” for potential […]

January Reporting Roundup: C’mon ‘N Ride The Train

Here’s the NWMLS press release that accompanied yesterday’s numbers: Home Buyers Starting to Seize Opportunities in Some Western Washington Areas “Home buyers in Pierce and Kitsap are starting to recognize the opportunities that exist for first-time buyers and those looking to buy a home in the more affordable price ranges,” said J. Lennox Scott, chairman […]

December Reporting Roundup: The Blame Game Continues

Here’s what I said on December 18th: I predict that sales will be abysmal this month (worst December on record), and that the real estate mouthpieces quoted in the NWMLS press release (and subsequently in the local papers) will blame the low numbers on the weather. As if we never have inclement weather in December. […]

J. Lennox Scott & Dick Beeson Predictions vs. Reality

Some quotes from J. Lennox Scott about the local real estate market. October 2007: This is an ideal time for buyers because they no longer have to pay the pricing premium that existed in previous years. There is less competition for homes, yet prices continue to appreciate, creating a great opportunity for buyers to position […]