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…
Author: The Tim
Mid-Week Open Thread (2010-12-01)
Here is your open thread for the mid-week on December 1st, 2010. 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…
Global Economic December Thread
Talk about the global and national economy to your heart’s content, as much as it takes to get it out of your system so the rest of the site can stick to real estate and housing. As of 09/07/2010, global economic comments that do not directly relate to Seattle-area real estate go only in threads…
Case-Shiller: Winter Starts Early for Seattle Home Prices
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to September data, Down 0.6% August to September. Down 2.6% YOY. Down 24.6% from the July 2007 peak Last year prices fell 0.4% from August to September and year-over-year prices were down 13.8%. The post government-meddling double-dip continues unabated. So…
November King Co. SFH Closed Sales to Drop Below 1K?
Quick note: According to a search of closed SFH sales in the last month on Redfin, just 763 homes have sold in King County during that time (as of 9:00 AM this morning). I assume a relatively large number of sales may be back-logged from the long holiday weekend, but even if two hundred homes…