Calculated Risk: 2nd Look at Local Housing Markets in December
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A top ranked economics and finance blog with a focus on the housing market
How high can Pierce County home prices go? April shows another increase year over year Debbie Cockrell, The News Tribune © Provided by KIRO Seattle January home prices in King County represented the slowest growth in a year-and-a-half. (AP) Pierce County now is at $500,000 in median closed sale price for single-family existing homes, according to the latest sales data released this week. Last year, it was at $405,000. In the Northwest Multiple Listing Service’s report on April home sales, Pierce County is still seeing a dramatic rise in prices amid a thin inventory of avai...
Homes in Seattle's Capitol Hill neighborhood. (Seattle Municipal Archives) The latest data indicates that housing prices in the Puget Sound region are continuing to grow rapidly. Despite that, Windermere Chief Economist Matthew Gardner also believes that there’s a bit of good news for buyers as well. The median price of a residential home in King County grew by 16% year-over-year as of April, with similar increases in Snohomish (28%) and Pierce (23%) counties. That has options scarce for the time being, with the Northwest Multiple Listing Service (NWMLS) estimating that it will likely take ...
Could Seattle-area homebuyers be getting some relief? New report shows rise in new listings By Becca Savransky, SeattlePI A real estate sign in Seattle, Wash. Seattle-area homebuyers could be getting a bit of a reprieve. During April, the area saw a significant increase in new listings compared to the same time last year, according to the most recent report from Northwest Multiple Listing Service. There were also "reports of moderating prices" as more homes were added to the market, the report said. This “might mean we are seeing some relief for buyers," said John Deely, a b...
Could Seattle-area homebuyers be getting some relief? New report shows rise in new listings Sign In FacebookTwitterEmail Seattle-area homebuyers could be getting a bit of a reprieve. During April, the area saw a significant increase in new listings compared to the same time last year, according to the most recent report from Northwest Multiple Listing Service. There were also "reports of moderating prices" as more homes were added to the market, the report said. This “might mean we are seeing some relief for buyers," said John Deely, a board member at Northwest Multiple Listing Service. But...