local real estate news, statistics, and commentary without the sales spin.
It’s been a while since we’ve taken look at how local home prices compare to local incomes, so let’s update those charts. First, let’s check out the ratio between home prices and per capita income from the BEA: Overall the Seattle area is just a little bit above the long-term average, and almost entirely thanks…
New local job stats came out this week, so let’s have a look at the Seattle area’s employment situation. First up, year-over-year job growth, broken down into a few relevant sectors: Construction growth dipped again, and has fallen from a 10.2% year-over-year gain in January to 3.1% in May. With 5.7% year-over-year growth, the retail…
Over the weekend the Washington Post published a story about former homeowners who find themselves owing money on a home they lost to foreclosure years earlier: Lenders seek court actions against homeowners years after foreclosure. It’s a process called “deficiency judgment,” and it’s not really news to anyone who has paid attention to housing over…
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 &…
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 June 17th, 2013. You may post random links and off-topic discussions here. Also, if you have an idea…