Affordability Index Bounces Back Above 100

Affordability Index Bounces Back Above 100

Let’s take a look at how affordability is doing in the Seattle area after the last few months of changes in home prices and interest rates. So how does affordability look as of October? With home prices stagnating this fall and interest rates inching back down close to 4 percent, the affordability index moved back […]

Foreclosures Up Slightly September to October

Foreclosures Up Slightly September to October

It’s a bit past time for our detailed look at October foreclosure stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: October 2014 King: 389 NTS, down 25% YOY Snohomish: 216 NTS, down 32% YOY Pierce: 343 NTS, down 26% YOY The number of trustee sale notices was down […]

Seattle & South King Sales Up as Eastside Sales Slip

Seattle & South King Sales Up as Eastside Sales Slip

It’s time once again to take an updated look at how King County’s sales are shifting between the different regions around the county, since geographic shifts can and do affect the median price. In order to explore this concept, we break King County down into three regions, based on the NWMLS-defined “areas”: low end: South […]

NWMLS: Prices Sag as Sales Stay Strong

NWMLS: Prices Sag as Sales Stay Strong

October market stats were published by the NWMLS today. They haven’t published their press release to its typical location yet, so let’s just dive right into our usual monthly stats. CAUTION NWMLS monthly reports include an undisclosed and varying number ofsales from previous months in their pending and closed sales statistics. Here’s your King County […]

Consumer Confidence Hit a Seven-Year High in October

Consumer Confidence Hit a Seven-Year High in October

Before the NWMLS data hits this week let’s check in on how Consumer Confidence and mortgage interest rates fared during October. First up, here’s the Consumer Confidence data as of October: The overall Consumer Confidence Index currently sits at 94.5, up 6 percent in a month and up 31 percent from a year ago. At […]

October Stats Preview: Late Sales Rally Edition

October Stats Preview: Late Sales Rally Edition

With October now in the past, let’s have a look at our monthly stats preview. Most of the charts below are based on broad county-wide data that is available through a simple search of King County and Snohomish County public records. If you have additional stats you’d like to see in the preview, drop a […]

Price Gains Shrinking in All Twenty Case-Shiller Cities

Price Gains Shrinking in All Twenty Case-Shiller Cities

It’s been a few months since we last had a look at my favorite alternative Case-Shiller charts. First up, let’s have a look at the chart that depicts the count of cities showing second derivative (month-over-month changes in the year-over-year changes) gains or losses. For the last three months of data, every single city has […]