findwell Blog

The Northwest MLS has released their Western Washington real estate statistics for June 2010. As we saw in May, home sales activity remained slow after the expiration of the home buyer tax credit on April 30, though it improved slightly over May. Median and average sale prices ticked up slightly for single-family homes, while remaining [...]

The Northwest MLS recently started reporting “keybox activity” for their service area of ~19 counties in Western Washington. This is an indicator of how many buyers and agents are actively showing homes each week, and is a great leading indicator of sales activity. Not surprisingly, showing activity was strong in February-April and declined in May [...]

The Northwest MLS has released their Western Washington real estate statistics for May 2010. Not surprisingly, sales activity declined after the home buyer tax credit expired on April 30. Median and average sale prices in King County continue to move in a fairly narrow range, with small upticks in median and average sale prices over [...]

When a real estate agent shows a home in Western Washington, we all use a nifty little electronic keybox that tracks who and when the keybox was accessed. The Northwest MLS has begun publishing statistics on how many times keyboxes were opened each day, so that we can see trends in showing traffic. There is [...]

A report from today’s Seattle Times indicated that the 200 West Highland condos may be headed for a foreclosure auction. According to the report, Bank of America may foreclose on the 18 remaining unsold units in the building. “Unless Bank of America changes course, longtime Seattle developer Lorig Associates probably won’t be able to stop [...]

The Northwest MLS has released their Western Washington real estate statistics for March 2010. Sales activity rose significantly over February and compared to the same time last year. Median prices have been moving in a narrow range over the last year, though this month showed a slight uptick in median prices versus March 2009. The [...]

In a case of building design and inspection gone horribly wrong, the McGuire Apartment building, a major high-rise apartment building in Seattle’s Belltown neighborhood, is going to be torn down only 9 years after being built. Here is a snippet from the Seattle Times report on the issue. “Hundreds of residents and business owners who [...]

The Northwest MLS has released their Western Washington real estate statistics for February 2010. Sales activity was consistent with January closings. Median home prices in King County remain flat, with a slight uptick in the average sales price for single family homes. The pace of closings is up dramatically from a year ago, with a [...]

The Northwest MLS has released their Western Washington real estate statistics for January 2010. Sales activity for January did decline from December to January, but that is mostly attributable to the holiday seasonality of home buying. 2010 continues the trends that we have been seeing for the last 9 months or so in the Seattle [...]

The Northwest MLS has released their Western Washington real estate statistics for December 2009. Sales activity did slow compared to November, but that is an expected trend due to the holidays and the initial expiration of the first-time buyer credit. In terms of market health, there are clearly a lot more closings and pending sales [...]