Full disclosure: The Tim is employed by Redfin. It’s been quite a while since we checked in on the various bottom-calling methods I introduced way back in February 2009, so let’s take a look. First off, here’s the official forecast I made in my wrap-up post: So my personal bottom call for the Seattle real…
Tag: Radar Logic
Bottom-Calling Checkup: False Bottom Psych-Out
I received a reader request via email a few days ago for an update on the Radar Logic dollars per square foot home price bottom chart from our February 2009 bottom-calling series. In our last checkup back in March, prices were still falling, and had almost reached the “bottom” from the February 2009 forecast of…
Bottom-Calling Checkup: Still No Bottom Sighted
Speaking of the bottom, let’s have another checkup on how things are progressing with respect to our bottom-calling series from February, in which we explored six different methods of forecasting the bottom for Seattle-area home prices. Not a lot of news since our last checkup in December, when we had passed three of our six…
Comparing Four Measures of Seattle Home Prices
Since we frequently pull our home price data from a variety of sources, once in a while I like to bring them all together for a comparison. Here’s a look at the NWMLS King County SFH median, Radar Logic‘s price per square foot, the FHFA purchase-only index, and Case Shiller‘s home price index. Each measure…
Bottom-Calling: Dollars per Square Foot Linear Forecast
For our next forecast, let’s refer to a dataset that we’ve only gone to once before on Seattle Bubble: Radar Logic’s Residential Property Index. Radar Logic analyzes home sales and produces a running index of sale prices in the Seattle metro area in terms of dollars per square foot. Here are our basic assumptions for…