A reader emailed me a few weeks ago with a very interesting story, but I was unable to take the time to write up a properly-researched post. Mish has picked up the slack, and has the scoop on the likely mass default of the entire 82-unit Riverwalk condo complex in Redmond. It turns out the…
Month: April 2010
Weekend Open Thread (2010-04-30)
Here is your open thread for the weekend beginning Friday April 30th, 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. Be sure to also check out the forums, and get your word…
Real Estate Heat Index Fell Across Puget Sound in Q1
The latest issue of Sound Housing Quarterly has been published (Q1 2010). Sound Housing Quarterly is a subscription-based sister project to Seattle Bubble. Here are a couple of highlights from the first quarter issue. The Real Estate Heat Index (a proprietary index I created that uses supply, demand, and home prices to calculate the general…
Case-Shiller Tiers: Low Tier Dropping Like a Rock
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…
Mid-Week Open Thread (2010-04-28)
Here is your open thread for the mid-week on April 28th, 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. Be sure to also check out the forums, and get your word in…