Seattle Bubble

News & discussion about real estate & the housing bubble in the Seattle area.

Seattle Bubble - News & discussion about real estate & the housing bubble in the Seattle area.

Entries Tagged as 'California'

Case-Shiller: Thrilling Spring Bounce in the NW

June 24th, 2008 · 46 Comments

As you may recall, a few months ago the NWMLS statistics for April showed a slight increase in prices (+2.0%) month-to-month. Well, the April Case-Shiller Home Price Index has been published, and surprisingly, they show an increase for April as well, but not nearly as much:
Up 0.7% March to April.
Down 4.9% YOY.
According to Case-Shiller, [...]

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Categories: Statistics
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Puget Sound Business Journal on San Diego vs. King

June 13th, 2008 · 137 Comments

Last week the Puget Sound Business Journal ran a piece comparing King County to San Diego County. It was behind a subscriber-only wall, but now it’s fully available on their website: How King County dodged mortgage mess compared to San Diego. Unfortunately, the article doesn’t really have any new material that regular readers [...]

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Categories: News
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Case-Shiller: Prices Still Falling (Even in Seattle)

May 27th, 2008 · 56 Comments

The March Case-Shiller Home Price Index came in fairly close to, but slightly worse than the NWMLS statistics for the same month.
Down 0.9% February to March.
Down 4.4% YOY.
According to Case-Shiller, home prices in Seattle have now declined a total of 7.3% from their July 2007 peak, and have retreated to just above where they were [...]

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Categories: Statistics
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San Diego County Now Cheaper than King

May 20th, 2008 · 36 Comments

I thought it would be fun to check back in with an update on the San Diego / King County home price comparison I made back in March.
As of the latest Case-Shiller data (February) home prices San Diego have fallen 24% from their November 2006 peak. The Seattle area has dropped 6.5% from its [...]

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Categories: Statistics
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Median Price Comparison: King & San Diego Counties

March 20th, 2008 · 116 Comments

Here’s an interesting comparison.
As of December’s Case-Shiller data, prices in San Diego County have fallen nearly 20% from their November 2005 peak. As of last month, their median price for all homes sold (single-family and condos) was $415,000 (source: San Diego Union-Tribune).
In the Seattle area, December’s Case-Shiller put prices off 4% from their July [...]

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Categories: Statistics
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Explore Seattle’s Sub-Prime Status

October 11th, 2007 · 62 Comments

A couple people pointed me to a great article in today’s Wall Street Journal on the prevalence of sub-prime lending across the country over the last few years. The article discusses the surge in such risky loans, and the fallout that is already underway and likely to continue.
The data suggest that financial suffering is [...]

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Categories: Uncategorized
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