Foreclosures Declined Dramatically in November

It’s time for our detailed look at November foreclosure stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: November 2014 King: 233 NTS, down 50% YOY Snohomish: 177 NTS, down 42% YOY Pierce: 232 NTS, down 45% YOY The number of trustee sale notices was down big yet again […]

Around the Sound: A Nasty Winter for Home Buyers

Around the Sound: A Nasty Winter for Home Buyers

It’s time for us to check up on stats outside of the King/Snohomish core with our “Around the Sound” statistics for Pierce, Kitsap, Thurston, Island, Skagit, and Whatcom counties. This month’s story in a nutshell: Listings are declining from a year ago, while sales are up across the board. Overall the winter is shaping up […]

NWMLS: Housing Market Already Hibernating for Winter

NWMLS: Housing Market Already Hibernating for Winter

November market stats were published by the NWMLS today. They haven’t published their press release to its typical location yet [update: it has been posted now], 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 […]

November Stats Preview: Already Winter Edition

November Stats Preview: Already Winter Edition

With November now behind us, 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 line […]

Case Shiller Tiers: High Tier Declining Alone

Case Shiller Tiers: High Tier Declining Alone

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 […]

Case-Shiller: Home Prices Slip Further Into Fall

Case-Shiller: Home Prices Slip Further Into Fall

Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to September data, Seattle-area home prices were: Down 0.2% August to September Up 6.0% YOY. Down 11.3% from the July 2007 peak Last year at this time prices were still rising. They increased 0.3% from August to September and year-over-year […]

Affordable Home Price Climbs Above Median Price

Affordable Home Price Climbs Above Median Price

As promised in yesterday’s affordability post, here’s an updated look at the “affordable home” price chart. In this graph I flip the variables in the affordability index calculation around to other sides of the equation to calculate what price home the a family earning the median household income could afford to buy at today’s mortgage […]