Morning News: National Housing “Crisis,” Boeing, Alaska Air, & More

Here’s a few national stories of note, and a handful of local economic news stories from this morning:

Quote of the morning is from the New York Times article:

[Home prices] don’t have as far to fall today, but the great real estate crash is not over, either. So if you are part of the 30 percent of American households who rent and you’re trying to decide when to buy, relax.

The market is still coming your way.

Be sure to also check out the nifty interactive chart in the New York Times piece that directly compares home price to median income ratios for the 20 Case-Shiller markets. If you’re wondering why their ratios are so much different than what we graphed earlier this month, note that they are using median household income, whereas our chart used per capita income.

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About The Tim

Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer / internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. Tim also hosts the weekly improv comedy sci-fi podcast Dispatches from the Multiverse.

One comment:

  1. 1
    Hugh Dominic says:

    I love the morning news round up Tim – please keep it up!

    And I also liked the NYTimes article – sent it to my family and wife who are increasingly asking “isnt now the right time to buy?”.

    Not yet I tell them……not yet…

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