local real estate news, statistics, and commentary without the sales spin.
As promised, I’ve updated my chart of nominal and real (inflation-adjusted) King County median single-family home prices with data through April. When adjusting into 2015 dollars, the median price peaked at $527,607 in July 2007. April 2015’s median price of $480,000 comes in about 9 percent below that level, and is roughly comparable to where…
As some of you may recall, I spent the first decade or so of my career doing electrical engineering (i.e. – circuit design, PCB layout, etc.). In that world of custom electronics, every customer seems to want their widget to cost $5, be packed with features that are 100% reliable, and have the design completed…