Comments on: Affordability Declined in Q3 as Housing Market Heated Up http://seattlebubble.com/blog/2009/10/30/affordability-declined-in-q3-as-housing-market-heated-up/ local real estate news, statistics, and commentary without the sales spin. Fri, 19 Mar 2010 17:46:23 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: scotsmanhttp://seattlebubble.com/blog/2009/10/30/affordability-declined-in-q3-as-housing-market-heated-up/#comment-86138 scotsman Sat, 31 Oct 2009 07:29:26 +0000 http://seattlebubble.com/blog/?p=7751#comment-86138 Come on guys:

(a proprietary index I created that uses supply, demand, and home prices to calculate the general “heat” of the housing market)

It’s a relative measure… and it’s “proprietary,” meaning Tim’s own calculus, and he’s not telling. But it doesn’t matter, as it’s historical, and relative. The only real question is, when the market bombs, will he shift the “y” axis, or is zero as low as it can go? ;-)

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]]> By: Huckhttp://seattlebubble.com/blog/2009/10/30/affordability-declined-in-q3-as-housing-market-heated-up/#comment-86135 Huck Sat, 31 Oct 2009 05:55:17 +0000 http://seattlebubble.com/blog/?p=7751#comment-86135 I too am curious about the details of that first graph. It's a little perplexing to look at a graph and not actually be told what the lines mean.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('86135','Huck',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('86135','Huck','I too am curious about the details of that first graph. It\'s a little perplexing to look at a graph and not actually be told what the lines mean.',''); return false;">Quote</a></div> I too am curious about the details of that first graph. It’s a little perplexing to look at a graph and not actually be told what the lines mean.
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]]> By: Kary L. Krismerhttp://seattlebubble.com/blog/2009/10/30/affordability-declined-in-q3-as-housing-market-heated-up/#comment-86086 Kary L. Krismer Fri, 30 Oct 2009 14:45:56 +0000 http://seattlebubble.com/blog/?p=7751#comment-86086 I have to ask about this, because the increase on first review is surprising.If you just used price it wouldn't show such an increase, because prices have been fairly flat (at least in King County--I don't follow the other counties all that closely). So I can assume it's volume sold (demand) and inventory (supply) that is driving the increase, right?Going further, I'd suspect more of the change is due to demand, because the volume in Dec-Feb was so low due to fear of total economic collapse which became apparent in September.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('86086','Kary L. Krismer',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('86086','Kary L. Krismer','I have to ask about this, because the increase on first review is surprising. \r\n\r\nIf you just used price it wouldn\'t show such an increase, because prices have been fairly flat (at least in King County--I don\'t follow the other counties all that closely). So I can assume it\'s volume sold (demand) and inventory (supply) that is driving the increase, right?\r\n\r\nGoing further, I\'d suspect more of the change is due to demand, because the volume in Dec-Feb was so low due to fear of total economic collapse which became apparent in September.',''); return false;">Quote</a></div> I have to ask about this, because the increase on first review is surprising.

If you just used price it wouldn’t show such an increase, because prices have been fairly flat (at least in King County–I don’t follow the other counties all that closely). So I can assume it’s volume sold (demand) and inventory (supply) that is driving the increase, right?

Going further, I’d suspect more of the change is due to demand, because the volume in Dec-Feb was so low due to fear of total economic collapse which became apparent in September.

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