By deejayoh on June 1, 2009
There have been a couple of discussions in the comments section in the last week or so about the relationship between home prices and incomes. I thought it would be a good time to queue up a post about the long-term price-to-income trends, where we are now, and what the possible outcomes could be. The [...]
Posted in Features, Statistics | Tagged fundamentals, income, long-term, PCI, price-to-income
By deejayoh on November 20, 2008
Back in July I posted a comparison of the total percentage gain during the boom years to the total percentage drop from peak to date across a bunch of markets, to see if I could establish a clear relationship or correlation between the two. I wanted to give a quick update on this analysis. As [...]
Posted in Features, Statistics | Tagged behind the cycle, Case-Shiller, Statistics
By deejayoh on November 3, 2008
I have been looking for a graphic that accurately compared the Japanese and US housing bubbles for some time. Usually when you see this sort of thing, it compares US housing prices to Japanese land prices – as shown below in a chart clipped from the Economist. Comparison of US housing and Japanese land prices. [...]
Posted in Statistics | Tagged Case-Shiller, Economist, Japan
By deejayoh on August 12, 2008
One of the topics discussed frequently on this blog is the notion that prices in the suburbs are likely to fall much further and faster than prices in the urban core of Seattle. Yesterday Zillow posted their quarterly market update data. I will say that while I’m ambivalent about Zillow’s “Z-estimate” feature, which attempts to [...]
Posted in News | Tagged Neighborhoods, Statistics, Zillow
By deejayoh on July 31, 2008
The point has been made many times here that exposure to downturns needs to be viewed in the context of how much a market rose during the boom. I thought it would be interesting to test this by comparing the total percentage gain during the boom years to the total percentage drop from peak to [...]
Posted in Features, Statistics | Tagged behind the cycle, Case-Shiller, Statistics
By deejayoh on July 30, 2008
I have a couple of RSS feeds from real estate sites that I use to monitor listings that might be of interest to me. They are targeted at a couple of neighborhoods, and focused on homes that are likely to be mid-century modern. Over the past couple of weeks, I had noted that the volume [...]
Posted in Statistics | Tagged Bellevue, Inventory Surge, Redfin, Seattle, Tacoma
