{"id":101,"date":"2005-12-06T10:24:00","date_gmt":"2005-12-06T17:24:00","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=101"},"modified":"2012-05-25T09:31:48","modified_gmt":"2012-05-25T16:31:48","slug":"november-home-prices-keep-rising-%e2%80%94-sortof","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2005\/12\/06\/november-home-prices-keep-rising-%e2%80%94-sortof\/","title":{"rendered":"November: Home Prices Keep Rising \u2014 Sortof"},"content":{"rendered":"<p>November numbers were released today by the Northwest Multiple Listing Service.  You can check out the raw numbers <a href=\"http:\/\/www.nwmls.com\/discover\/library\/statistics\/recaps\/Recap2005\/Nov05Recaps.pdf\">here in PDF format<\/a>, or you&#8217;ve got your <a href=\"http:\/\/seattletimes.nwsource.com\/html\/businesstechnology\/2002666995_homesales06.html\">pick<\/a> of <a href=\"http:\/\/seattlepi.nwsource.com\/business\/250947_homesales06.html\">four<\/a> <a href=\"http:\/\/www.kingcountyjournal.com\/sited\/story\/html\/224573\">local<\/a> <a href=\"http:\/\/www.thenewstribune.com\/business\/story\/5379312p-4864540c.html\">papers<\/a> and their commentary on what the numbers &#8220;mean&#8221;:<\/p>\n<blockquote><p>Much like the movie &#8220;Groundhog Day,&#8221; the latest news on local home sales may sound like a rerun of the previous months \u2014 no slowdown in the market despite fierce competition, rising prices and higher interest rates.<\/p>\n<p>But the number of properties that buyers can choose from is down substantially from last year. These are not the conditions that foretell the bursting of a real-estate bubble.<\/p><\/blockquote>\n<p>Executive summary: Prices still 15% higher than a year ago, but stagnating since about August of this year, with combined sales of $349,950 in August, and $350,000 in November.  I probably have just as much qualification to offer analysis of these numbers as any of the newspaper reporters writing these articles, which is to say &#8220;none at all.&#8221;  I guess we&#8217;ll just see what happens.<\/p>\n<p>(<em>Elizabeth Rhodes, <a href=\"http:\/\/seattletimes.nwsource.com\/html\/businesstechnology\/2002666995_homesales06.html\">Seattle Times<\/a>, 12.06.2005<\/em>)<br \/>\n(<em>Kristen Millares Bolt, <a href=\"http:\/\/seattlepi.nwsource.com\/business\/250947_homesales06.html\">Seattle P-I<\/a>, 12.06.2005<\/em>)<br \/>\n(<em>Clayton Park, <a href=\"http:\/\/www.kingcountyjournal.com\/sited\/story\/html\/224573\">King County Journal<\/a>, 12.06.2005<\/em>)<br \/>\n(<em>Barbara Clements, <a href=\"http:\/\/www.thenewstribune.com\/business\/story\/5379312p-4864540c.html\">Tacoma News-Tribune<\/a>, 12.05.2005<\/em>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>November numbers were released today by the Northwest Multiple Listing Service. You can check out the raw numbers here in PDF format, or you&#8217;ve got your pick of four local papers and their commentary on what the numbers &#8220;mean&#8221;: Much like the movie &#8220;Groundhog Day,&#8221; the latest news on local home sales may sound like&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[612,198],"tags":[6,3],"coauthors":[],"class_list":["post-101","post","type-post","status-publish","format-standard","hentry","category-local","category-news","tag-nwmls","tag-rhodes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>November: Home Prices Keep Rising \u2014 Sortof \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2005\/12\/06\/november-home-prices-keep-rising-\u2014-sortof\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"November: Home Prices Keep Rising \u2014 Sortof \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"November numbers were released today by the Northwest Multiple Listing Service. You can check out the raw numbers here in PDF format, or you&#8217;ve got your pick of four local papers and their commentary on what the numbers &#8220;mean&#8221;: Much like the movie &#8220;Groundhog Day,&#8221; the latest news on local home sales may sound like...\" \/>\n<meta name=\"twitter:creator\" content=\"@The_Tim\" \/>\n<meta name=\"twitter:site\" content=\"@SeattleBubble\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The Tim\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2005\/12\/06\/november-home-prices-keep-rising-%e2%80%94-sortof\/\",\"url\":\"https:\/\/seattlebubble.com\/blog\/2005\/12\/06\/november-home-prices-keep-rising-%e2%80%94-sortof\/\",\"name\":\"November: Home Prices Keep Rising \u2014 Sortof \u2022 Seattle Bubble\",\"isPartOf\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\"},\"datePublished\":\"2005-12-06T17:24:00+00:00\",\"dateModified\":\"2012-05-25T16:31:48+00:00\",\"author\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\"},\"breadcrumb\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2005\/12\/06\/november-home-prices-keep-rising-%e2%80%94-sortof\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/seattlebubble.com\/blog\/2005\/12\/06\/november-home-prices-keep-rising-%e2%80%94-sortof\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2005\/12\/06\/november-home-prices-keep-rising-%e2%80%94-sortof\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/seattlebubble.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"November: Home Prices Keep Rising \u2014 Sortof\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\",\"url\":\"https:\/\/seattlebubble.com\/blog\/\",\"name\":\"Seattle Bubble\",\"description\":\"local\u00a0real\u00a0estate\u00a0news, statistics,\u00a0and\u00a0commentary without\u00a0the\u00a0sales\u00a0spin.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/seattlebubble.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\",\"name\":\"The Tim\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/image\/37756956c11dcc50d2559761ffa5ee70\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g\",\"caption\":\"The Tim\"},\"description\":\"Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer \/ internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. 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