Pop quiz, hotshot. Let’s say you had $100,000 on January 1st 2008. Which of the following “investment” methods took the largest loss in 2008: 20% down payment on a $500,000 SFH in King County. S&P 500 index fund. Cash under the mattress. … And the answer is… A! According to the NWMLS, the median price…
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: Tiers Drop From Peak in Lockstep
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. First up is the straight graph of the index from January 2000 through October 2008. Prices fell at virtually the same rate in…
Case-Shiller: Seattle Hits 10% YOY Price Drops
It’s time once again for our monthly update to the Case-Shiller Home Price Index. According to October data, Down 1.4% September to October. Down 10.2% YOY. Down 11.4% from the July 2007 peak Last year prices fell 0.94% from September to October and year-over-year prices were up 3.3%. Here’s the usual graph, with L.A. &…
New Improved Sidebar Inventory Tracker Courtesy Estately.com
I’m happy to announce that Seattle Bubble now sports a new and improved sidebar inventory tracker, thanks to Galen Ward of Estately.com. A few months ago our most reliable source for the hourly inventory tracker went offline, leaving us with two far less dependable sources for the inventory data. Since then the sidebar inventory tracker…
Poll: What’s your new year’s housing resolution for 2009?
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 01.03.2009.