local real estate news, statistics, and commentary without the sales spin.
As volatile as interest rates and home prices have both been this year, I thought it would be good to make the affordability index more of a regular post. So how does affordability look as of July? Not great. The index fell below 100 (i.e. the median-priced home is affordable to a median-income household) for…
It’s time for our detailed look at July’s foreclosure stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: July 2013 King: 548 NTS, down 44% YOY Snohomish: 282 NTS, down 40% YOY Pierce: 429 NTS, down 16% YOY For the first time since June of last year, all three…
It’s time once again to 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…
It’s time for another check in on Consumer Confidence. Here’s the data as of July: At 73.6, the Present Situation Index increased 7% between June and July and has gained 264% from its December 2009 low point. The Present Situation Index now sits at its highest level since May 2008. The Expectations Index fell slightly…
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 August 12th, 2013. You may post random links and off-topic discussions here. Also, if you have an idea…