The latest issue of Sound Housing Quarterly has been published (Q2 2010). Sound Housing Quarterly is a subscription-based sister project to Seattle Bubble that I created to provide a single consolidated and consistent source of high-level local housing market stats and analysis. Here are a couple of highlights from the second quarter issue. The Real…
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: Expiring Tax Credit Bumps All 3 Tiers
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 (2010-07-28)
Here is your open thread for the mid-week on July 28th, 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: Real Estate is Local, Free Cash is National
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to May data, Up 1.2% April to May. Down 1.4% YOY. Down 23.7% from the July 2007 peak Last year prices fell 0.3% from April to May and year-over-year prices were down 16.6%. No big surprises here. It would have…
At Least Two Thirds of King County Listings are “Stale”
One of the complaints that I have heard frequently from people looking to buy in today’s market is that despite the near-record number of listings on the market today, much of what is on the market is inventory that has been sitting for months. That sounds like an invitation for a chart. In the chart…