The health of the real estate market is on everyone’s mind these days. We went from an unbelievable boom in housing prices in Seattle to a crash that is still being felt. I wanted to take a look at the supply and demand that has driven the last decade of housing activity here to get [...]

It is no secret that real estate is a seasonal business. There is heightened listing and sales activity in the spring/summer months that declines as we reach the holiday season each year. I decided to take a look at the last 11 years in King County to see exactly when sellers list their homes for [...]

Seattle’s Montlake neighborhood is a staid, upscale neighborhood known for its attractive Tudor-style homes. The neighborhood’s proximity to the 520 floating bridge makes it a popular neighborhood among well-heeled commuters who work in Redmond or Bellevue on the Eastside, and it is is super convenient to the University of Washington.   Apparently more goes on [...]

Looking for a totally unique house and remodeling project in Seattle? The City of Seattle is looking to sell two old fire houses, both the Fire Station 37 in West Seattle and 38 in Ravenna/Bryant. The homes aren’t on the market yet, and their landmark status may limit what you can do to the exterior, [...]

In a surprising turn of events marking the end of the housing downturn, Seattle home prices rose 30% yesterday. The unexpected spike in home prices was attributed to a data calculation error that has persisted in Seattle housing data since 2007.

The Puget Sound Business Journal reported today that an Australian home builder named Henley Properties has bought 54 lots in Kent and plans to begin building and expanding their business on the West Coast. Henley is headquartered in Australia, but is financially backed by Sumitomo Forestry Group Housing out of Japan. The article mentions that [...]

Tim Ellis from Seattle Bubble saved an ad campaign run by the Washington Realtors in late 2007. The campaign pitched the “strength and stability” of the Washington housing market, how our market was the “envy of the nation,” and how they were tired of listening to the “doom and gloom of the national media.” In [...]

Did you ever wonder what is inside of the pyramid atop the Smith Tower in Seattle? Wonder no more. The New York Times just wrote an article about one of the most remarkable apartments in Seattle and its current residents. There is only one apartment in the building, but it is definitely a stunner. They also [...]

The Northwest MLS has released their Western Washington real estate statistics for September 2010. September home sales continued to be slow after the expiration of the housing tax credit in April. The number of closed sales in King County for September 2010 was 1,467, a 27.2% decrease from closed sales in September 2009. New pending [...]

The Northwest MLS tracks keybox activity for ~19 counties in western Washington, showing how may agents have opened a house for a showing each week. This is a great indicator of buyer activity in the market and a leading indicator of the pace of future sales. If showings rise, those will likely result in higher [...]