Rent Increases Likely to Taper Off Soon

It’s getting more and more difficult for the local press to pretend like everything is roses, bubbles, and white puffy clouds in the local housing market. So, what’s the next best thing to pumping housing? Spreading fear about renting! Renters have been saying loudly that rents are rising steeply and vacancies are few. Now comes […]

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June Reporting Roundup

Before we get into what the usual suspects in the local press had to say about the housing market’s performance in June, let’s take a look at the NWMLS press release that accompanied the release of last month’s statistics: Housing Prices Around Washington State Rising at More Modest Rates Kirkland, Wash. (July 5, 2007) – […]

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May Reporting Roundup

It’s that time of the month again… time to check in with the local press to hear the same old regurgitated message about how great and healthy our housing market is. Elizabeth Rhodes, Seattle Times: What gives? Local home-sales market is softening, but prices keep rising Local home sales cool off; why are prices still […]

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Ask Rhodes (and Gardner)

The Seattle Times will be hosting a “Live Q&A on residential real estate” with Elizabeth Rhodes (real estate cheerleader) and Matthew Gardner (local economist) tomorrow from noon to one o’clock. Presumably this is some sort of online chat thing, although the announcement isn’t clear. You can ask a question in advance via a web form, […]

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Seattle Price Gains to be “Positive but Modest”

The real estate reporting/advertising machine kicked into high gear this weekend at the Seattle Times, where they launched a whole new section of reports on local “home values.” The headlining article, titled Home prices: from sizzle to simmer, contains a fun mix of truth and empty assurances. With real-estate markets across the country reeling, Seattle-area […]

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April Reporting Roundup

Here’s a compilation of what your local press (aka real estate advertisers) had to say about last month’s home sales data from the NWMLS. It’s depressing to think that these sources are where most people get their news of the market from… Elizabeth Rhodes, Seattle Times:King County home prices keep rising, bucking national trendBuying a […]