In the comments on yesterday’s post, Jonness took me to task for my claim that the incomes of likely homebuyers saw a notable boost between 1996 and 2001. Ask yourself why house prices have fallen less percentage-wise in Thurston County than King County? Google doesn’t have a campus in Olympia, and very few people down…
Tag: OFM
Hagar: Never Mind the Bogus Data, Recovery is Here!
In yesterday’s post I took local real estate agent, appraiser, and real estate educator Richard Hagar to task for some misleading statements he made during a live appearance on KUOW last week. Specifically, I called out his claim that Washington State is currently experiencing net migration of 125,000 people per year. Mr. Hagar dropped by…
Housing Oversupply Increased Yet Again 2009-2010
It’s been exactly a year since we last took a look at the local housing oversupply, and since the Washington State Office of Financial Management released their 2010 population and housing supply estimates a few weeks ago, I think it’s high time we took another look. Here’s an updated chart of housing supply (total housing…
Comparing January Sales Rates Across Western WA
Let’s take a slightly geographically broader look at home sales than we usually restrict ourselves to. In the Tableau viz below, you’re looking at all the NWMLS data on the number of closed single-family sales in Western Washington for every January since 2000. The “heat” number is simply the number of closed SFH sales divided…
An Unprecedented Level of Openness in Government
Apparently, this is what “an unprecedented level of openness in Government” looks like: Via Kirsten Grind at the Puget Sound Business Journal. The Puget Sound Business Journal for months has asked the Office of Thrift Supervision (OTS), the federal agency that regulated Washington Mutual, to release internal communications between WaMu’s regulators. … On Wednesday, an…