This poll was active 05.26.2013 through 06.01.2013
Month: May 2013
Weekly Twitter Digest (Link Roundup) for 2013-05-24
"China’s wealthy paying cash for Eastside luxury homes" http://t.co/XoFiIAk5X2 via @seattletimes -> "Nowhere is suburbanization of poverty more evident than in South King County…" http://t.co/gL4azWoiaK All the foreclosures make sense. -> "Transit-oriented development gaining speed in Puget Sound area" http://t.co/mVqwKfJU7H via @PSBJ -> "Price tag of Bellevue Collection’s expansion will exceed 2012’s top real estate…
Low Rates Prop Up the Affordable Home Price
As promised in yesterday’s affordability post, here’s 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 a family earning the median household income could afford to buy at today’s mortgage…
Home Affordability Tanking in 2013
It has been over four months since we had a look at the local affordability index, So let’s have a look at what the numbers look like with the price increases we’ve seen so far this year through April. As a reminder, the affordability index is based on three factors: median single-family home price as…
Cheap South King Sales Gain More Share
Let’s take an updated look at how King County’s sales are shifting between the different regions around the county, since geographic shifts can and do affect the median price. In order to explore this concept, we break King County down into three regions, based on the NWMLS-defined “areas”: low end: South County (areas 100-130 &…