This poll was active 09.23.2012 through 09.29.2012
Month: September 2012
Weekly Twitter Digest (Link Roundup) for 2012-09-22
"Auburn tries to 'shame' lenders into maintaining homes" http://t.co/6LYc0YUG via @RealEstatePI # "Real-estate rebound adding to city coffers" http://t.co/iqO3BRAw via @SeattleTimes # Powered by Twitter Tools
King County “Affordable” Home Price 21% Higher than Current Median Price Thanks to Low Rates
Since we looked at the affordability index yesterday, Let’s have an updated look at the “affordable home” price chart. In this graph I flip the variables in the affordability index calculation around to other sides of the equation to calculate what price home the median household income could afford to buy at today’s mortgage rates…
Weekend Open Thread (2012-09-21)
NOTE: If you are subscribed to Seattle Bubble’s RSS feed and are seeing these open threads in the feed, please switch to our official feed at http://feeds.feedburner.com/SeattleBubble Thanks! Here is your open thread for the weekend beginning Friday September 21st, 2012. You may post random links and off-topic discussions here. Also, if you have an…
How Would 6% Mortage Rates Affect Affordability?
In the comments on yesterday’s post, reader “Topdog” posed the following question: So the Fed stops playing funny money, lets interest float to market rate. Lets say a reasonable 3% premium plus the 3% inflation premium which puts high quality new mortgages at about 6%. How does that affect buyer affordability? That’s a question we…