For those that continue to insist that home prices around Seattle are high because “supply isn’t keeping up with demand,” I would like to point out the 2007 King County Buildable Lands Report. This is what the report has to say about building activity in King County from 2001 through 2005: King County gained more…
Tag: Seattle_PI
Cohen Enters Blogging Fray
FYI, Seattle P-I real estate reporter Aubrey Cohen has entered the blogging fray. Check out his new P-I-sponsored blog: Seattle Real Estate News. Such a creative name. (I kid, I kid.) Seriously though, I applaud Aubrey for engaging the readers in the more open, discussion-oriented format that blogging provides. Hopefully he will get some good…
Prices in Seattle “Not Unthinkable Yet”
Hot on the heels of an unusually balanced report on the latest NWMLS home sales data, Aubrey Cohen comes back with another piece on the local market, this one full of non-sensical rationalizations for continued price gains. Ken Kam, of Honolulu, scoped out second-home possibilities during a Seattle visit last month. “It seems like it’s…
August Reporting Roundup
Here’s the usual roundup of the NWMLS press release echo chamber for this month. As expected, most of the focus is on price, price, price. As long as the median price keeps going up, expect more of the same. Bibeka Shrestha, Seattle Times: Median price for house in Seattle tops $500,000 The median price for…
Case-Shiller: Seattle Following the Crowd Down
As many of you have already noticed, the latest Case-Shiller data (June) has been released. Here’s an update of the graph I’ve been keeping of the west coast cities: Click to enlarge For those that are into this sort of thing, here’s what Aubrey Cohen over at the Seattle P-I had to say about the…