Seattle Bubble

Seattle real estate news, discussion, links, and so forth

[Seattle Bubble @SeattleBubble]

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… https://t.co/tkil6uLeK4

[Seattle Bubble @SeattleBubble]

On the blog: Homebuyers are taking on monthly payments 59% higher than at the 2007 peak of the previous housing bubble. https://t.co/jFf2PbmtHo

[Seattle Bubble @SeattleBubble]

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

[Seattle Bubble @SeattleBubble]

When the home you bought in 2022 is just a little underwater… #RealEstate

[Seattle Bubble @SeattleBubble]

On the blog: Home prices are finally falling around Seattle—more than most places in the nation https://t.co/PRYKogt6es

[Seattle Bubble @SeattleBubble]

You love to see it. #realestate

[Seattle Bubble @SeattleBubble]

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." https://t.co/skaSqfMSRh

[Seattle Bubble @SeattleBubble]

🤔

[Seattle Bubble @SeattleBubble]

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.

[Seattle Bubble @SeattleBubble]

@cdubbonline https://t.co/eEdHo1zWmh

[Seattle Bubble @SeattleBubble]

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." 🙈 https://t.co/C4Mk4xgpr1

[Seattle Bubble @SeattleBubble]

Remember when the Associated Press declared in 2010 that “the era of record-low mortgage rates is over”?

Pepperidge Farm remembers.

[Seattle Bubble @SeattleBubble]

New blog post!

Time for the housing market to detox from low mortgage rates https://t.co/OyduylUkJH

[Seattle Bubble @SeattleBubble]

New blog post!

Time for the housing market to detox from low mortgage rates https://t.co/OyduylUkJH

[Seattle Bubble @SeattleBubble]

Ten years later, we're finally going to find out… https://t.co/pkBXbxbZ2o

[Seattle Bubble @SeattleBubble]

#ToldYouSo https://t.co/s6P93H4frx

[Seattle Bubble @SeattleBubble]

a #mortgagerates haiku:

Seems it may be time
to finally pay the price
for keeping rates low.

[Seattle Bubble @SeattleBubble]

Shout-out to one of the classic TV commercials of the last housing bubble: "Suzanne researched this" (2006).

[Seattle Bubble @SeattleBubble]

King County home supply and demand have both struggled this year as mortgage rates began to climb back toward 6%. #RealEstate

[Seattle Bubble @SeattleBubble]

Another of our updated charts. Months of supply for King County single-family homes is on the rise. #realestate