By The Tim on September 22, 2010
It’s been over a year since we last checked in on Seattle’s price to rent ratio. Let’s see how that metric looks over the last twenty years [Update: I changed the chart below to reflect the annual rent. Here's the original based on monthly rent.]: It is interesting to note that thanks to semi-flatening home […]
Posted in Features, Statistics | Tagged big-picture, fundamentals, price-to-rent, rent
By The Tim on April 23, 2010
There has been a bit of talk in the last few days about a New York Times story published on Tuesday that once again revisits the subject of buying vs. renting: In Sour Home Market, Buying Often Beats Renting In some once bubbly markets, prices have fallen so far that buying a home appears to […]
Posted in Local, National, News | Tagged buy-vs-rent, New York Times, price-to-rent
By The Tim on January 29, 2010
J.D. Roth over at Get Rich Slowly put up a post Wednesday about renting vs. buying, sort of a follow-up to my 2007 post over there. In it, he said that he couldn’t find any info on current price-to-rent ratios around the country, so I thought I would update the list I put up back […]
Posted in Statistics | Tagged Get Rich Slowly, income, price-to-income, price-to-rent, rent, top-25
By The Tim on October 14, 2009
Let’s try another rent vs. buy exercise to see if “all the excesses have already been removed” as some have claimed. Rather than delve into depth on a specific randomly-selected Seattle-area neighborhood, let’s instead look at what a specific type of house might cost you in multiple Seattle-area neighborhoods to rent vs. how much it […]
Posted in Features, Neighborhoods, Statistics | Tagged buy-vs-rent, Neighborhoods, price-to-rent, rent
By The Tim on September 24, 2009
Building on the data that was presented yesterday, here’s a sortable table of some more detailed housing stats for the 25 largest US cities by population. Included below are population, density, median sale price, median price per square foot, median rent, median household income, median list price, and some ratios of sale prices to rents […]
Posted in Statistics | Tagged income, price-to-income, price-to-rent, rent, Seattle_is_special, Statistics, top-25
By The Tim on August 20, 2009
In their latest issue TIME Magazine declares that in many cities, price-to-rent ratios indicate that buying a home has become a better deal than renting for the first time in years… but not yet in Seattle: Is Owning a Home Better Than Renting? “A year ago, it was a better deal to rent,” says Andres […]
Posted in News | Tagged buy-vs-rent, Economy.com, price-to-rent, Time
