Yesterday I predicted that the local reporting would focus on the paltry month-to-month median price increase, backed up by a plethora of quotes from peppy real estate agents. Today’s reporting, for the most part, does not disappoint. I’m starting to get the impression as I read some of these articles that the reporters are just…
Tag: reporting_roundup
March Reporting Roundup
I would have posted the reporting roundup on Saturday, but I was out of town for the weekend, and my only Internet access was dial-up (*shudder*). The tone of this month’s reporting isn’t too much different from last month, except that we’ve got a small dose of optimism thanks to a slight spring improvement. Of…
February Reporting Roundup
Here comes this month’s market reporting roundup. After seven months of declining/flat prices, declining year-over-year sales in 27 of the last 28 months, and 23 straight months of an ever-increasing number of homes on the market, I think we can officially declare that the Seattle-area housing market is in a slump. Of course, while the…
January Reporting Roundup
It’s time for another reporting roundup. Let’s see what the local newspapers have to say about January’s not-so-positive numbers from the NWMLS. Will they claim that the market “bottoming out” and about to jump into full recovery mode? Or maybe they have finally come to accept the fact that Seattle will not avoid the downturn,…
November Reporting Roundup
I’ve got an all-day seminar thingy today, so here’s a super-condensed version of this month’s reporting roundup. I’ll probably come back this evening and add some commentary. Elizabeth Rhodes, Seattle Times: Home prices slip to ’06 level The Seattle-area housing market is in a pronounced slump, with fewer houses selling, inventories climbing and prices returning…