By The Tim on April 29, 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 February 2009. All three tiers dropped again in February, but [...]
Posted in Statistics | Tagged Case-Shiller, Statistics, tiers
By The Tim on April 29, 2009
Here is your open thread for the mid-week on April 29th, 2009. You may post random links and off-topic discussions here. Also, if you have an idea or a topic you’d like to see covered in an article, please make it known. Be sure to also check out the forums, and get your word in [...]
Posted in Open Thread | Tagged open_thread
By The Tim on April 28, 2009
I received an email tip from a reader that Vulcan’s Rollin Street Flats, a 197-unit condo building in South Lake Union is officially going apartment. Just four days ago, the Seattle Times reported that Vulcan had “pushed back the start of closings on its nearly finished Rollin Street Flats project.” An email being sent to [...]
Posted in News | Tagged apartments, condos, repartment, South Lake Union, Vulcan
By The Tim on April 28, 2009
Let’s make our regularly scheduled monthly check on the Case-Shiller Home Price Index. According to February data, Down 1.5% January to February. Down 15.4% YOY. Down 20.9% from the July 2007 peak Last year prices fell 0.97% from January to February and year-over-year prices were down 2.70%. Here’s the usual graph, with L.A. & San [...]
Posted in Statistics | Tagged behind the cycle, California, Case-Shiller, graphs, Statistics
By The Tim on April 27, 2009
Increasingly-famous economist and housing market sage Robert Shiller spoke in Seattle this morning at a business breakfast downtown and this afternoon at Seattle Pacific University. Mr. Shiller’s presentations focused on the role that psychology plays in economic markets, a topic that he explores with co-author George Akerlof in their recent book Animal Spirits. The morning [...]
Posted in Features | Tagged California, Seattle_is_special, Shiller, SPU