“Stats are for losers,” said Chris Petersen, Head Coach, UW Football (and Bill Belichick and Jerry Jones and some dude named McAdoo – according to the G).
Not true, not true! Analysts of the world unite!
Anyway, where were we? Oh yes, the monthly NWMLS press release came out. Here’s a quick recap of the PR.
Inventory is tight. Prices are up. Yada Yada Yada. A couple of good quotes here though:
Dick Beeson, Principal Managing Broker at RE/MAX Professionals in Gig Harbor, described the market as “a wonderful adventure,” saying the scarce inventory, “is like a dog at the door in winter. It refuses to go away till it’s fed. More houses for sale, please.”
Describing the market like “a dog at the door in winter” is awesome. I like that. I’m not sure I understand what it means, but it’s gold.
Here’s another one from MLS director George Moorhead, “We are hearing complaints and requests from builders to expand Growth Management Area guidelines. The massive shortage of developable land makes it more difficult to create affordable housing,” he explained.
I don’t think it’s the job for builders and developers to create affordable housing. Builders build. Developers develop. Let’s give them the means do that. The cost of land and the unbearably cumbersome financial/legal burdens of developing land prohibit smart and sane growth.
Perhaps when the price affordability-lack of inventory pain is too much, our elected officials may indeed act on behalf of the constituents they claim to serve. A good thought to ruminate on in light of these last troubled days.