By The Tim on December 15, 2011
Okay, let’s have a look at how local home prices compare to local incomes. This is basically the same thing we’re looking at when we talk about affordability, but with interest rates taken completely out of the picture. First, let’s check out the ratio between home prices and King County median household income data from [...]
Posted in Features, Statistics | Tagged big-picture, fundamentals, income, personal-income, price-to-income
By The Tim on November 13, 2011
This poll was active 11.13.2011 through 11.19.2011.
Posted in Polls | Tagged income, Polls
By The Tim on April 13, 2011
I was going through some older posts recently, looking for some ideas of data sets to update, when I came across this November 2007 post written by Deejayoh: Washington Real Estate: 40% overvalued? Here’s a brief excerpt from his post: I ran across this very interesting analysis of the California real estate market by Goldman [...]
Posted in Features, Statistics | Tagged FHFA, fundamentals, Goldman-Sachs, income, OFHEO, personal-income, predictions, price-to-income
By The Tim on April 5, 2011
In the comments on yesterday’s post, Jonness took me to task for my claim that the incomes of likely homebuyers saw a notable boost between 1996 and 2001. Ask yourself why house prices have fallen less percentage-wise in Thurston County than King County? Google doesn’t have a campus in Olympia, and very few people down [...]
Posted in Counties, Statistics | Tagged income, NWMLS, OFM, price-to-income, WCRER
By The Tim on April 4, 2011
There has been a lot of talk the last week or so in the comments about home prices and incomes. I’ve linked up my September post on the topic a few times, but I thought it would be nice to run an update since it’s been half a year. Here’s my conclusion from that post: [...]
Posted in Counties, Statistics | Tagged big-picture, fundamentals, income, personal-income, price-to-income
By The Tim on November 2, 2010
As something of a follow-up to September’s Big Picture Week, I thought I would post another update to the multi-city price metrics table. This time I figured I would expand the list to the top 30 so DC, Vegas, and Portland wouldn’t feel left out. Data is current as of August 2010. Previous posts covered [...]
Posted in Statistics | Tagged income, price-to-income, price-to-rent, rent, top-25, top-30
