Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to July data, Seattle-area home prices were: Up 1.4% June to July. Up 3.1% YOY. Down 26.3% from the July 2007 peak Last year prices rose 0.1% from June to July and year-over-year prices were down 6.4%. Another month of…
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.
Will Local Incomes Climb or Fall in the Coming Years?
A few of you took issue with the assertion I made in Thursday’s post: Eventually [mortgage interest rates] will go up, but it will probably be a gradual climb, and by the time they get to 6%, incomes will also be higher. Here are a few examples of your criticisms. From Pegasus: Putting your faith…
Monday Open Thread (2012-09-24)
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 Monday September 24th, 2012. You may post random links and off-topic discussions here. Also, if you have an idea or a…
Poll: If I had to choose just one, I’d want a home…
This poll was active 09.23.2012 through 09.29.2012
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