local real estate news, statistics, and commentary without the sales spin.
Six months after home prices in the Seattle area began declining from their July 2007 peak, the annual report from the NWMLS led to a series of amusingly rosy stories in the local press in early 2008. Here’s a typical example from the Seattle Times: ’07 home prices not so bad after all With all…
Here’s an excerpt from an a Q&A with the then-president of the Thurston County Realtors Association Bill Hutchinson that appeared in The Olympian in February 2008 (now available only behind their archive paywall): Q: Given where the market is today compared with a couple of years ago, what would your advice be for sellers and…
Local real estate salesman Mack McCoy, writing on the now-defunct Seattle Real Estate Professionals blog in October 2007: I tease the bubble bloggers! The people on this board have extensive experience in the real estate world, and while there may be differences of opinion among them, the fact is that their opinions deserve to carry…
Here’s something I’m thankful for: That nonsense like this drivel written seven years ago by former Seattle Times real estate “reporter” Elizabeth Rhodes turned out to be totally false. Priced out: Home appreciation report This past year’s broad-based price increase is one of the largest the U.S. has seen since at least 1970, economist Stanley…
Here’s a great article that printed in the Seattle P-I in February 2007 (you know, back when they still existed as a printed paper). For those undeterred by the sales flier that warned a 96-year-old Columbia City house is “an extreme fixer, to be entered at your own risk” or by the “hazardous environment” sign…