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. Note that the tiers are determined by sale volume. In other words, 1/3 of all sales fall into each tier. For more details…
Month: March 2010
Mid-Week Open Thread (2010-03-31)
Here is your open thread for the mid-week on March 31st, 2010. 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. NOTE: If you want to talk about health care, I have created a…
Health Care Open Thread Smackdown
Talk about health care to your heart’s content, as much as it takes to get it out of your system so the rest of the site can stick to real estate and housing. Note that comments posted here will not clutter up the “recent comments” box on the sidebar. As of 03/31/2010, health care comments…
Case-Shiller: Seattle Home Prices Fall From 2009 Plateau
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to January data, Down 1.7% December to January. Down 0.6% December to January (seasonally adjusted). Down 6.0% YOY. Down 24.5% from the July 2007 peak Last year prices fell 3.6% from December to January (not seasonally adjusted) and year-over-year prices…
Foreclosures: Better to let them happen
Barry Ritholtz, who pens the excellent economy news site The Big Picture was on NPR’s “All Things Considered” Friday with some insights on the foreclosure “crisis.” Financial Blogger On Ethics Of Mortgage Modification A full transcript is available at the link above. Here’s an excerpt. SIEGEL: But what’s the risk of providing some kind of…