Seattle real estate news, discussion, links, and so forth
Joined August 2009
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21 Mar 2023
When the Chief Economist of NAR says "this is not the bottom for prices" you know the housing market is in for a wild ride… cnn.com/2023/03/21/homes/exi…
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17 Mar 2023
On the blog: Homebuyers are taking on monthly payments 59% higher than at the 2007 peak of the previous housing bubble. seattlebubble.com/blog/2023/…
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14 Mar 2023
Dang, monthly payments for Seattle-area homes purchased when mortgage rates bottomed out in December 2020 were about the same as they were at the peak of the early 2000s housing bubble.
In the two years since then payments have surged 65%. 😱 #RealEstate #HousingMarket
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10 Mar 2023
On the blog: Home prices are finally falling around Seattle—more than most places in the nation seattlebubble.com/blog/2023/…
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12 Dec 2022
Bingo.
"housing markets have been broken by a policy agenda that seeks to reap the gains of a thriving regional economy while failing to build the infrastructure—housing—necessary to support the people who make that economy go." theatlantic.com/magazine/arc…
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29 Nov 2022
If anybody on here would like to hire a housing market expert with over a decade of experience in data analysis and Tableau, drop me a line. DMs open.
This tweet is unavailable
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5 Oct 2022
Just saw last month's NWMLS news release. Seems pretty reality-denying to refer to the current market as "typical" and there's some pretty wild wishful thinking to expect we'll return soon to "normalized conditions." 🙈 nwmls.com/august-2022-monthl…
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29 Sep 2022
Remember when the Associated Press declared in 2010 that “the era of record-low mortgage rates is over”?
Pepperidge Farm remembers.
29 Sep 2022
New blog post!
Time for the housing market to detox from low mortgage rates seattlebubble.com/blog/2022/…
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29 Sep 2022
New blog post!
Time for the housing market to detox from low mortgage rates seattlebubble.com/blog/2022/…
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28 Sep 2022
27 Sep 2022
a #mortgagerates haiku:
Seems it may be time
to finally pay the price
for keeping rates low.
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19 Sep 2022
Shout-out to one of the classic TV commercials of the last housing bubble: "Suzanne researched this" (2006).
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14 Sep 2022
King County home supply and demand have both struggled this year as mortgage rates began to climb back toward 6%. #RealEstate
12 Sep 2022
Another of our updated charts. Months of supply for King County single-family homes is on the rise. #realestate
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12 Sep 2022
Another of our updated charts. Months of supply for King County single-family homes is on the rise. #realestate
12 Sep 2022
Updated all our spreadsheets through August data.
Look at that King County affordability index. Oof.
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