Ordinarily, when the calendar flips over to a new year, it’s like somebody flipped a switch. The direction of on-market inventory literally does a 180 in a single day, from a constant decline through the last quarter to a steady increase leading into spring. This year… not so much: Last year was fairly bad (which…
Tag: NWMLS
Reporting Roundup: Healing Perfect Storm 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: Housing market…
NWMLS: Redefining “Astounding” as Prices Keep Falling
January market stats were published by the NWMLS this afternoon. Here’s their press release: Housing market “healing itself,” numbers are “astoundingly good” Pending sales may not appear to be much higher than 2011 (up 13.7 percent in January), but the numbers are “astoundingly good,” considering such factors as harsh weather and the tax credits that…
December Reporting Roundup: Corner-Turning 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: "Healthy marketplaces"…
NWMLS: Scott/Jacobi Bottom-Calling Euphemism Contest
December market stats were published by the NWMLS this afternoon. Here’s their press release: “Healthy marketplaces” emerging with shrinking inventory, favorable financing “All over we are seeing healthy marketplaces emerge as the inventory levels drop,” said J. Lennox Scott, CEO and chairman of John L. Scott Real Estate. “As you get closer to the job…