Edgewood, WA Real Estate Blog

I was surprised to hear my significant other’s daughter and son-in-law (they live in Michigan) maybe got burned on a home improvement project. I say “maybe got burned”, because the whole story has yet to unfold. Maybe the contractor will follow through in the end.
Long story short: the contractor they hired didn’t pay [...]

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Statistics for March 2008 for Edgewood and surrounding cities have just been updated.
The spring selling season is upon us and it shows in the stats. You’ll find some big jumps up and down in prices and inventory depending on the area. Some areas like NE Tacoma (MLS areas 94-95) don’t have a lot [...]

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Like a lot of places, here in Edgewood a lot of sellers and a lot of agents seem to be having a hard time moving from fantasy land to reality.
I don’t know if it’s sellers unwilling to grasp that yesterday’s sales prices were available yesterday, and/or if their agents don’t know what’s going on… and, [...]

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The risks of holding raw land have never been higher.
FEMA recently updated their flood maps. More area is now included in floodplains. The Tacoma News Tribune ran an article on it yesterday worth reading. What they didn’t mention was that Pierce County recently updated their floodplain building requirements that may make your [...]

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Statistics for February for Edgewood and surrounding cities have just been updated.
I noticed a few points of interest in last months data. The number of active listings in Pierce County actually went down. This is the time of year (after the holidays) when you’d expect an increase in the number of active listings. [...]

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Statistics for December for Edgewood and surrounding cities have just been updated.
The data is not seasonally adjusted, so keep in mind the holiday season is typically slower than normal.  That said, note the median price trend is downward.  Sales activity is down and days on market is drifting higher. This is as you would [...]

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There seems to be a little confusion regarding the housing statistics I recently posted for areas 100 and 110 for Federal Way over at the Federal Way Graffiti blog.
My fault. Although I’ve explained the difference in the past, I should just put a note in the graphs themselves (if there’s a question, I didn’t [...]

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Admittedly it’s the seasonally slow time of year for home sales.  But one buyer for 60 sellers?  That’s slow.   That’s what we had during the month of November for NWMLS area 72 – one home out of 60 went pending.  At that rate we’ve got 5 years of housing inventory.  Obviously, there’s much more going [...]

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