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: Multiple offers…
Tag: bottom-calling
Dick Beeson Finally Reluctant to Call the Bottom
Big hat tip to SeattleJo, a reader who pointed out to me that last week our local PBS affiliate KBTC aired an interesting episode of their “Northwest Now” program, focused on local real estate. The whole thing is worth a watch, but the real fun starts at the 5:38 mark, when host Tom Layson has…
June Reporting Roundup: Double Financial Impact Edition
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: Sales volume,…
May Reporting Roundup: Double Quick Action Market
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: Tight inventory,…
The Mega Spring Bounce of 2012
In order to quantify just how absurd this year’s spring bounce has been, here are a few charts I generated from the single-family home data on Redfin’s region page for King County: Listings continue to drop through the floor. The selection this year really is abysmal. Meanwhile, listing prices are soaring through the roof. They…