Washington reaches record affordability levels (SeattlePI)

MD-810-Washington

This article gets in depth analysis from Director of the Washington Center of Real Estate, Glenn Crellin. Having worked for Glenn in college I can tell you that no one knows more about the real estate market in Washington. Washington homes reach record affordability By AUBREY COHEN, seattlepi.com Updated 03:07 p.m., Wednesday, August 10, 2011… Read More

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Economy, Affordability to Drive Home Sales Growth (Realtor.com)

higher-ed-affordability

Link to the original article Home sales are on track to outperform last year, even though the market doesn’t have the benefit of the home buyer tax credit. This is thanks to sustained economic growth, the slowly recovering jobs picture, and historically high affordability conditions, NAR Chief Economist Lawrence Yun told a packed room on… Read More

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NWMLS stats for 2009 (NWMLS.COM)

Northwest MLS Brokers Report $17 Billion in Home Sales During 2009 KIRKLAND, Wash. (Jan. 26, 2010) – Members of Northwest Multiple Listing Service tallied more than 52,000 closed sales of single family homes and condominiums during 2009, about 3.7 percent fewer than the total for 2008. Last year’s completed transactions had a combined sales value… Read More

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Effects of the tax credit (Seattle Times)

Tax credit fuels home-sales bounce, but will it be just a blip? The first-time homebuyers’ tax credit helped resuscitate the Seattle real-estate market in 2009. The market remains fragile, most insiders say, and the outlook for late 2010, after the credits are scheduled to expire, is especially murky. By Eric Pryne Seattle Times business reporter… Read More

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Affordable Seattle neighborhoods shine in today’s buyer’s market (Seattle Times)

More Seattle neighborhoods considered affordable The King County housing slump made six geographic areas affordable for those earning the county’s median household income of $68,821 in 2008. When the market was sizzling in 2007, only Auburn was considered affordable, a Seattle Times analysis showed. By Lisa Pemberton Butler; and Justin Mayo Special to The Seattle… Read More

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