It’s hard to believe it has already been years since I was first a guest talking real estate data in one of the inaugural episodes of the Seattle Growth Podcast from University of Washington Professor, Jeff Shulman. Fast forwarded to Professor Shulman’s 5th season that just came out, and guess what, we’re still talking about the effect of housing affordability on homelessness. Season 5 Episode 1 features a “regional approach to addressing homelessness” in an interview with Ki

Though recent shifts in supply and demand have tempered the rapid and massive price gains of the past few years, home prices in June were still up a healthy 7.2% year over year for Seattle single family homes and a more robust 10% in King County. Prices rise when demand outpaces supply, and the lack of new construction during the recession left supply falling significantly behind growing demand. Simply put, not enough new homes were being built to keep pace with population g

The city of Bothell, located across Lake Washington to the east of Seattle, spans from North King County to South Snohomish County. The most recent Data from the US Census Bureau shows Bothell’s population was 45,533 as of July, 2017, though that has surely grown over the past year thanks largely to the amount of available, developable land. Want a list of new homes sent directly to your inbox? Just contact us with the request and specific info (i.e. location, size, price, et

It's admittedly a bit of a self-pat on the back, but it is a point of pride. After years of tracking and analyzing the data to put to use for clientele and my own buying and selling, it seems that more and more people and media outlets are taking notice. I've you've been reading my posts, then you've heard me talking about some very early signs of a potential shift I started seeing in the data last month. As I began tracking and analyzing the data at the beginning of this mo

Last week, I wrote about home prices falling in Seattle at an abnormal time due to some noticeable shifts in supply and demand. To quickly summarize, the median sale price of single family homes fell from May to June in Seattle for the first time since 2013. Even more abnormal was that prices also fell in King County, which hasn’t happened in at least 15 years. As for the supply and demand part of the equation, a recent uptick in homes hitting the market, the most in Seattle

I’ve recently written about signs in the data of an evolving Greater Seattle real estate market, and we have more fuel to add to the fire. While logging and analyzing the Seattle real estate date last month, I noticed home prices dropped in Seattle from April to May, which is an abnormal part of the year to see a price drop (prices tend to cyclically rise in May). I also recently wrote about how the amount of listings that hit the market in May surpassed every month for the l