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: June 2010
Mid-Week Open Thread (2010-06-30)
Here is your open thread for the mid-week on June 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 in…
Case-Shiller: Seattle Finally Sees a Tax Credit Price Boost
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to April data, Up 1.0% March to April. Down 2.8% YOY. Down 24.5% from the July 2007 peak Last year prices rose 0.2% from March to April and year-over-year prices were down 16.8% (the largest YOY decrease on record). Looks…
How can falling home values = rising property taxes?
Since property tax season has rolled around here in the Seattle area again, I thought it might be a good time to demystify one aspect of property taxes that has often confused home owners during this housing bust. If you’re like many local home owners, the county’s assessment of your home has probably dropped around…
Monday Open Thread (2010-06-28)
Here is your open thread for Monday June 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 the user-driven…