Let’s have a look at the local press reaction to the market’s continued slowdown, shall we? First up, the poster child for slowdown denial in the media, Elizabeth Rhodes. This month she actually managed to sandwich a morsel of reality in between the excuses and the unbridled optimism: A nasty dose of winter last month…
Tag: Everett_Herald
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…
Seattle-Area Home Prices "Likely to Decline"
My jaw dropped in amazement when I read this headline in my inbox yesterday: House prices likely to decline. Granted, it was a Q & A column in the Everett Herald, not a headline news item in the Seattle Times (which would have probably made me faint), but still, it’s nice to see an admission…
"Local Prices Are Not Headed Backward"
Here’s a familiar song, courtesy of Tom Kelly at the Everett Herald. It used to be a popular notion among local real estate agents that the Northwest housing market lagged behind the California market by about six months. … I thought about that idea recently when I read that home sales decreased 30.1 percent in…
Do Your Market Research
I read the a question and answer in the Everett Herald about researching the market before buying a home, and I couldn’t help but feel that the columnist’s advice was a little lacking. Question: I’m attempting to research the housing market, but I don’t want to even think about buying for at least a year…