Early Friday evening one of my favorite long term clients asked me this question: “Why is the market so slow these days? I have an alert for ($) houses in (zip code) and I barely get a couple of hits every week west of (the freeway). Almost always tear-downs.” (actual specifics from his email removed) […]
The basic Real Estate questions in 2012 have been: 1) Are prices UP or DOWN, going UP or DOWN…at bottom, in recovery, recovered? 2) Is Inventory low…will it get better…where is the shadow inventory? To answer these questions I am using data from the Lake Washington School District, as it represents a good mix of […]
Single Family Median Home Prices are UP 6% YOY for the First Half of 2012 in Seattle. First Half 2011 @ $399,000 – First Half 2012 @ $423,000 Bellevue School District is the Big Winner at UP 20% with a Median Home Price of $689,000. Issaquah School District DOWN 4%, Northshore School District DOWN 2% […]
There is a lot of evidence out there, both statistical and anecdotal, that it’s a “seller’s market” in the Seattle area.
Low Inventory continues to be an issue for many. This weekend there were so many people at one of the houses I was showi
We dug into the numbers on the Estately blog to see if we could make sense of the Seattle real estate crunch we’ve been