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 (2010-09-01)
Here is your open thread for the mid-week on September 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…
Case-Shiller: Tax Credit Out with a Whimper in Seattle
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to June data, Flat May to June (up 0.01%). Down 1.8% YOY. Down 23.6% from the July 2007 peak Last year prices rose 0.4% from May to June and year-over-year prices were down 16.1%. Considering that June was the last…
Time to Let the Snake-Eating Gorillas Freeze to Death
Apparently there are some in the government who feel like they haven’t done enough yet to “help” the housing market, because Calculated Risk had a great post yesterday on the subject of a possible return of the undead tax credit. From Reuters: No Decision on Reviving Homebuyer Credit: Donovan “It’s too early to say whether…
Monday Open Thread (2010-08-30)
Here is your open thread for Monday August 30th, 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 the user-driven…