Here is your open thread for the weekend beginning Friday July 29th, 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…
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.
REO Roundup: The Long, Slow Path to Market Clearing
A handful of non-number-based stories about foreclosures have popped up lately that I thought might be interesting to highlight here for discussion. First up, Diana Olick with CNBC: Vacant Homes Will Drown Housing Recovery A real estate source I knew recently told me about a guy he knows in Atlanta who has been hired by…
Case-Shiller Tiers: Low Tier Still Immune to Spring
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 (2011-07-27)
Here is your open thread for the mid-week on July 27th, 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: Spring Bounce Continues Slightly Weakened
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to May data, Up 1.1% April to May. Down 7.0% YOY. Down 29.0% from the July 2007 peak Last year prices rose 1.2% from April to May and year-over-year prices were down 1.4% (the closest they have been to zero…