By The Tim on January 30, 2009
Charts and graphs are all well and good, but once in a while it’s good to look at some of the more personal effects of the housing bubble. Today let’s take a look at a possible scenario that some hopeful home sellers today might be facing. Next Friday, we’ll turn our attention to home buyers. [...]
Posted in Features | Tagged advice, practical
By The Tim on January 29, 2009
Thanks to reader DaveyDave for sending me this MSNBC news clip that aired today: Visit msnbc.com for Breaking News, World News, and News about the Economy It’s starting to look like we may be special after all… just not the way some folks imagined.
Posted in Audio & Video | Tagged MSNBC, Seattle_is_special, video
By The Tim on January 28, 2009
Here’s an unfortunate juxtaposition of headlines from today’s Everett Herald: Economy hinges on Boeing, Snohomish County Executive Aaron Reardon says Snohomish County’s best hope for weathering the economic crisis is to make sure the Boeing Co. keeps production of the 787 Dreamliner jet in south Everett, County Executive Aaron Reardon said on Tuesday. Boeing predicts [...]
Posted in News | Tagged Boeing, Everett_Herald, layoffs, Snohomish, Starbucks
By The Tim on January 28, 2009
Let’s check out the three price tiers for the Seattle area, as measured by Case-Shiller. Remember, Case-Shiller’s “Seattle” data is based on single-family home repeat sales in King, Pierce, and Snohomish counties. First up is the straight graph of the index from January 2000 through November 2008. Price declines were sharper in November in all [...]
Posted in Statistics | Tagged Case-Shiller, Statistics, tiers
By The Tim on January 27, 2009
It’s time once again for our monthly update to the Case-Shiller Home Price Index. According to November data, Down 2.5% October to November. Down 11.2% YOY. Down 13.6% from the July 2007 peak Last year prices fell 1.4% from October to November and year-over-year prices were up 1.8%. Here’s the usual graph, with L.A. & [...]
Posted in Statistics | Tagged behind the cycle, California, Case-Shiller, graphs, Statistics