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December Reporting Roundup

After just nine months of increasing YOY home inventory and fourteen months of declining YOY home sales, the local media has apparently taken notice. Even Elizabeth Rhodes at the Seattle Times can’t ignore the slowing trend: In fact, buyers weren’t racing to make offers anywhere in the central Puget Sound area last month, according to […]

Finished Basements: What Could Go Wrong?

If you have spent some time looking at homes for sale around here, you have probably noticed that finished basements are frequently used as a major selling point, with some listings even counting a finished basement in the advertised total square footage of a home. However, as an article in today’s Seattle P-I points out, […]

God Save the Queen

A Seattle developer says he plans to save two historic apartment buildings by converting the units to condos. “The trouble with many of these old buildings is it just doesn’t pay to keep them up when you’ve got them as apartments,” Ben Rankin, a principal of developer Pioneer Property Group, said while touring the Pittsburgh […]

"The Market is Returning to Normal"

Now that the NWMLS numbers have been released, let’s check in with our favorite bubble-fighting dynamic duo, Rhodes & Cohen. If you were expecting them to cheer on the inexplicable increase in prices, you will not be disappointed. This month’s unified message: Prices are up, but now is the time to buy! From Ms. Rhodes’ […]