RECENT BLOG POSTS
Seattle Case-Shiller Numbers: You all know I love the Case SHiller index. The numbers reported Tuesday are pointing once again to a recovery in the Seattle housing market. Thou prices are down about 12% over the last year; they have only dropped about 2% since February and have remained flat...
10/02/2009
Good news as U.S. mortgage applications surged last week. Demand rose to its highest level since late-May. Consumers take advantage of the lowest interest rates in months, data from an industry group showed on Wednesday. Home refinancing loans still dominated demand, the trend for applications to...
09/09/2009
NEW NWMLS NUMBERS CAME OUT TODAY This graph shows the reduction of all new construction inventory on the Eastside. As you can see the trend continues to level off. The analysis predict this shortage will put a new type of pressure on the housing market: A third or more of home buyers want new....
08/07/2009
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This graph shows the reduction of new construction inventory on the Eastside. As you can see the trend is leveling off at about eights months of inventory based on pending sales. Just about every trend is showing a leveling off over the last three months. Even the Case Shiller index has level...
08/06/2009