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
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.
Mid-Week Open Thread (2009-07-01)
Here is your open thread for the mid-week on July 1st, 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…
Case-Shiller: Anemic Spring Bounce in April
Let’s make our regularly scheduled monthly check on the Case-Shiller Home Price Index. According to March data, Up 0.2% March to April. Down 16.8% YOY. Down 22.3% from the July 2007 peak Last year prices rose 0.7% from March to April and year-over-year prices were down 4.9%. Here’s the usual graph, with L.A. & San…
The Neighbors Paid WHAT?
In our discussion this weekend about why people would walk away from a mortgage, even though they can afford to continue paying, Tim Kane (S-Crow) pointed out: It doesn’t take much emotional pull to consider walking away when you see property being purchased across the street for $150,000+ less than what you may have purchased…
Monday Open Thread (2009-06-29)
Here is your open thread for Monday June 29th, 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…