Steve Tytler continues to argue with his critics on the pages of the @EverettHerald about pricing a home to sell: http://t.co/E7GOR2IZ # "2 leading research firms agree" RT @seattletimes: Rents in King, Sno. likely to keep increasing through 2012 http://t.co/55g1jLcF # "Apartment vacancies hit five-year low, But new construction will soon turn the trend" http://t.co/GhiLQf3y…
Month: March 2012
You win the Mega Millions. What house do you buy?
Let’s have a little fun on a Friday afternoon. Let’s say you play the big Mega Millions lottery everyone won’t stop talking about, and against all odds, you’re the sole winner tonight. What house (or houses) currently on the market would you buy? It doesn’t have to be in the Seattle area, if you’re only…
Weekend Open Thread (2012-03-30)
NOTE: If you are subscribed to Seattle Bubble’s RSS feed and are seeing these open threads in the feed, please switch to our official feed at http://feeds.feedburner.com/SeattleBubble Thanks! Here is your open thread for the weekend beginning Friday March 30th, 2012. You may post random links and off-topic discussions here. Also, if you have an…
Price to Rent Ratio at Early 1998 Levels
It’s been about a quarter of a year since we last checked in on the Seattle-area’s price to rent ratio, so I thought I’d share an update of those charts. As of January (the latest Case-Shiller data available), Seattle’s price to rent ratio is down to just 2.5% above the 1990-2001 average, hitting its lowest…
Case-Shiller Tiers: High Tier Breaks Into the Black
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…