Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to January data, Down 1.7% December to January. Down 0.6% December to January (seasonally adjusted). Down 6.0% YOY. Down 24.5% from the July 2007 peak Last year prices fell 3.6% from December to January (not seasonally adjusted) and year-over-year prices…
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.
Foreclosures: Better to let them happen
Barry Ritholtz, who pens the excellent economy news site The Big Picture was on NPR’s “All Things Considered” Friday with some insights on the foreclosure “crisis.” Financial Blogger On Ethics Of Mortgage Modification A full transcript is available at the link above. Here’s an excerpt. SIEGEL: But what’s the risk of providing some kind of…
Monday Open Thread (2010-03-29)
Here is your open thread for Monday March 22nd, 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…
Poll: If commute were not an issue, which county would you prefer to live in?
This poll will be active and displayed on the sidebar through 04.03.2010.
Weekly Twitter Digest (Link Roundup) for 2010-03-27
Great comment by @jillayne: "We have to wean our economy off the real estate finance and building sectors." http://is.gd/aTicA # RT @KirstenGrind: Things get worse for #Frontier Financial: http://bit.ly/c7y0yt # Seattle: 47th-most expensive rentals in the nation, but 20th-most expensive houses for sale. Doubt that will last. http://is.gd/aURmx # SHOCKING! (not) RT @calculatedrisk: HAMP applicants…