WA Chief Economist Arun Raha tells the WA Ass. of Realtors that real estate recovery is still a year away: http://bit.ly/gWHnGY # Interesting piece that basically argues that banks did not act in good faith http://aol.it/fpJrD3 Earlier: http://bit.ly/gTEs2Y # Are those pics of Communist propaganda posters hanging throughout the house in this @SeattleTimes fluff piece?…
Year: 2011
One in Three Seattle Area Home Listings are Distressed
By request, here’s an update to the distressed listings map I first posted six months ago. In the map below I have taken all the currently active listings on the market in King, Snohomish, and Pierce counties, and separated them into three buckets: bank owned, short sale, and non-distressed. Each zip code has a pie…
Weekend Open Thread (2011-01-28)
Here is your open thread for the weekend beginning Friday January 28th, 2011. You may post random links and off-topic discussions here. Also, if you have an idea or a topic you’d like to see covered in an article, please make it known. Be sure to also check out the forums, and get your word…
Redfin: Home Sales Thaw a Bit, Prices Still Mostly Falling
Full disclosure: The Tim is employed by Redfin. Now that it’s almost February, we should probably make some time to check out Redfin’s December market data. Here’s an excerpt from the narrative: With buyers hitting the streets, and inventory scarce it stands to reason that sellers who list their homes for sale now, instead of…
Case-Shiller Tiers: Low Tier Falling Nearly 10% YOY
Let’s check out the three price tiers for the Seattle area, as measured by Case-Shiller. Remember, Case-Shiller’s “Seattle” data is based on single-family home repeat sales in King, Pierce, and Snohomish counties. Note that the tiers are determined by sale volume. In other words, 1/3 of all sales fall into each tier. For more details…