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 “heat” of the housing market) dropped in Q1 in all eight of the Puget Sound Counties I track. Here’s a look at King, Snohomish, Pierce, and Kitsap:
Meanwhile, affordability increased again in all eight counties, thanks to the continued decline in median home prices and still-absurdly-low interest rates.
The full version of Sound Housing Quarterly includes detailed data and analysis for King, Snohomish, Pierce, Kitsap, Thurston, Island, Skagit, and Whatcom counties.
Head over to HousingQuarterly.com to subscribe to Sound Housing Quarterly. You can also download a free single-page summary of this quarter’s report, or drop by the free archive to check out the 2008 Q3 through 2009 Q1 reports in full at no charge.