This article from the Seattle Times this morning, Housing Bust? No, a cyclical correction, reminded me of a recent episode of Grey’s Anatomy. A young girl believes she has superpowers because she feels no pain. If Goldilocks had Analgesia she could have easily gorged herself on the hottest of porridge without a second thought. “With…
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Let’s Talk Inventory
With the number of homes for sale rapidly increasing the last few months, and the pivotal month of October now nearly halfway over, I think it is a good time to take somewhat of an in-depth look at inventory. I refer to October as “pivotal” because as far back as I have reliable data (2000),…
Nutcracker
I’ve never taken part in a “blog war” before and I don’t really know what one looks like, but after witnessing the events over the past few days I’d say we’re in the middle of one. You might have seen Rain City Guide’s recent post by Galen Ward, “There will never be a real estate…
The Bubble Isn’t Bursting Here!
Yesterday afternoon I received the following friendly mass e-mail from our resident ziprealty.com representative and real estate expert, Jennifer Fisser. This PDF was attached to the e-mail. Hi Chad: The bubble isn’t bursting here! Please see this breakdown of renting vs owning. I thought you might find it of value. Hope things are well. :)…
Seattle PI’s Take on Sept. NWMLS Numbers
Signs of housing slowdown Seattle’s median home price in September was up just 4.4 percent from a year ago and down from both July and August, according to new statistics. It’s the lowest year-to-year increase and the first time prices have dipped two months in a row since January 2004. The median home sold for…