{"id":24409,"date":"2012-10-16T10:45:44","date_gmt":"2012-10-16T17:45:44","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=24409"},"modified":"2012-10-16T10:45:44","modified_gmt":"2012-10-16T17:45:44","slug":"over-a-third-of-new-listings-pending-in-two-weeks","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2012\/10\/16\/over-a-third-of-new-listings-pending-in-two-weeks\/","title":{"rendered":"Over a Third of New Listings Pending in Two Weeks"},"content":{"rendered":"<p><span style=\"font-size:85%; font-style:italic;\">Full disclosure: The Tim is <a href=\"http:\/\/seattlebubble.com\/blog\/2010\/07\/14\/some-noteworthy-personal-news\/\" title=\"Some Noteworthy Personal News...\">employed by Redfin<\/a>.<\/span><\/p>\n<p>Last week <a href=\"http:\/\/blog.redfin.com\/blog\/2012\/10\/real_time_price_tracker_september_2012.html\" title=\"Redfin Real-Time Home Price Tracker: Home Prices Dip Slightly in September, Still 5% Above 2011\">Redfin released September housing market data<\/a>, so let&#8217;s take a look at the rate at which homes are going under contract in two weeks or less in the Seattle area, compared to San Francisco and the national rate:<\/p>\n<p style=\"margin: 5px auto; width: 600px; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/10\/Redfin-Under-Contract-14days-Seattle_2012-09.png\" title=\"Percentage of SFH Under Contract in 14 Days or Less\" rel=\"lightbox[24409]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/10\/Redfin-Under-Contract-14days-Seattle_2012-09-600x331.png\" style=\"border: 0;\" title=\"Percentage of SFH Under Contract in 14 Days or Less - Click to enlarge\" alt=\"Percentage of SFH Under Contract in 14 Days or Less\" width=\"600\" height=\"331\" \/><\/a><\/p>\n<p>No big change in the relationship between Seattle, San Francisco, and the national rate.  Although the percentage of homes selling within two weeks peaked in the Seattle area in May and began to head down, it bumped back up again in September, and has held fairly steady through the summer.<\/p>\n<p>The last few years have seen a fairly flat summer followed by a big boost in the new year.  Hopefully we don&#8217;t see the same thing this coming year.  With over a third of homes currently going under contract within two weeks, the market was already extremely frustrating for buyers this year.  If the number goes up even further next spring is not going to be a fun time at all to try to buy a home.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Full disclosure: The Tim is employed by Redfin. Last week Redfin released September housing market data, so let&#8217;s take a look at the rate at which homes are going under contract in two weeks or less in the Seattle area, compared to San Francisco and the national rate: No big change in the relationship between&#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":[206,8],"tags":[882,386,82],"coauthors":[],"class_list":["post-24409","post","type-post","status-publish","format-standard","hentry","category-features","category-stats","tag-fast-offers","tag-pending","tag-redfin"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Over a Third of New Listings Pending in Two Weeks \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\/2012\/10\/16\/over-a-third-of-new-listings-pending-in-two-weeks\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Over a Third of New Listings Pending in Two Weeks \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Full disclosure: The Tim is employed by Redfin. 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