As a follow-on to Tim’s post yesterday about the practice of relisting properties, here is a look at what has been happening to inventory over the past few years, and how the trends have changed over time. The questions “what is happening with all of those listings” and “how many sellers just give up?” have…
Tag: inventory
2007 Neighborhood Inventory Breakdown
In a lot of the feedback we’ve been getting lately, two recurring themes are a desire for more number-crunching and more neighborhood analysis. So, let’s have some of both those things. Let’s take a more detailed look at single-family house inventory over the last year, broken down by neighborhood. What I’ve done below is to…
Wall Street Journal: Seattle No Longer Special
Seattle got a little bit of attention in a recent Wall Street Journal story titled Housing Slump Starts to Hit Stronger Cities: It’s getting harder to hide from the housing bust. Tight credit, fragile consumer confidence and a weakening economy are slowing sales and depressing prices even in some places — such as the Pacific…
Inventory Growing Like Gangbusters
As a follow on to Tim’s post yesterday about December stats – the thing that jumped out at me from his post was the growth in inventory. Given that there have been a few comments on the blog about home sales picking up, I thought a data-driven look at what is happening with active listings…
Now is a good time to sell… NOT!
I’ve noticed a few posts in the comments and over in forums regarding inventory levels – which appear to be flat to down over the last couple of weeks. Given these I thought it was worth laying out a historical perspective on inventory levels. If you’ve delved into the Seattle Bubble spreadsheet, you know that…