Let’s make our regularly scheduled monthly check on the Case-Shiller Home Price Index. According to June data, Up 0.4% May to June. Down 0.3% May to June (seasonally adjusted) Down 16.1% YOY. Down 22.2% from the July 2007 peak Last year prices fell 0.2% from May to June (not seasonally adjusted) and year-over-year prices were…
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.
Tacoma Condo Project Foreclosure Auction Reveals Grim Reality
How bad is the condo market in Tacoma? Pretty bad. Recall this article from June: Tacoma Luxury Condo Project Headed for Foreclosure The Esplanade, a nine-story condominium on the west side of the near-downtown Thea Foss Waterway, has until Aug. 21 to escape from the imminent foreclosure, said sources close to the project who were…
Monday Open Thread (2009-08-24)
Here is your open thread for Monday August 24th, 2009. 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…
Elizabeth Warren: We’re Not out of the Woods
This is a few weeks old, but it’s definitely worth watching if you haven’t yet. Elizabeth Warren, chair of the Congressional Oversight Panel (which was created to oversee TARP), has some frank words about the current state of the banks: Here are a few transcribed excerpts. Scarborough: “Are we out of the woods when it…
Poll: “American business is steadily coming back to a normal level of prosperity.”
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