Okay, as long as we’re talking politics this week, let’s just dive in head first. I’d like to discuss the latest federal “relief” plan that made news this week. Here’s an AP story from Monday: Obama Offers Mortgage Relief on Western Trip LAS VEGAS — President Barack Obama offered mortgage relief on Monday to hundreds…
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.
Case-Shiller Tiers: Low Tier Bleeding Stops (For Now)
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…
Mid-Week Open Thread (2011-10-26)
Here is your open thread for the mid-week on October 26th, 2011. You may post random links and off-topic discussions here. Also, if you have an idea or a topic you’d like to see covered in an article, please make it known. Be sure to also check out the forums, and get your word in…
Case-Shiller: Summer is Over for Seattle Home Prices
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to August data, Down 0.3% July to August. Down 6.1% YOY. Down 28.7% from the July 2007 peak Last year prices fell 0.8% from July to August and year-over-year prices were down 2.4%. After increasing for five months in a…
“Who Is Home Will U Steal Today”
Spotted the sign pictured at right in a KOMO News story about Occupy Seattle protesters disrupting the weekly courthouse steps foreclosure auction on Saturday at the King County Courthouse. I’ll let the sign speak for itself, but I will say that I really don’t understand the connection these protesters appear to be making. Other signs…