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 week of September 30th, 2013. You may post random links and off-topic discussions here. Also, if you have an idea…
Author: 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.
Poll: With an extra $500 a month, I would…
This poll was active 09.29.2013 through 10.05.2013
Rapid Rent Increases Not Keeping Pace with Home Prices
There have been a few stories in the Seattle Times recently about the rapid rise of local rents: August 24: Soaring rents force lifestyle changes September 23: Local apartment rents continue climbing So I thought it would be a good time to take a look at how rents are comparing to home prices, since they…
Case-Shiller Tiers: Low Tier Home Prices Skyrocketing
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…
Case-Shiller: Seattle Home Price Gains Increased in July
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to June data, Seattle-area home prices were: Up 1.9% June to July Up 12.5% YOY. Down 17.1% from the July 2007 peak Last year prices rose 1.4% from June to July and year-over-year prices were up 3.1%. After slowing down…