I was out of town all weekend in SF (driving back yesterday was not particularly fun, I assure you). Here’s a roundup of some of the local and notable national real estate stories that were waiting for me in my inbox upon my return this afternoon: First up, a blog post by P-I real estate…
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.
Poll: 4.5% Interest Rates for New Purchases:
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 12.20.2008.
J. Lennox Scott & Dick Beeson Predictions vs. Reality
Some quotes from J. Lennox Scott about the local real estate market. October 2007: This is an ideal time for buyers because they no longer have to pay the pricing premium that existed in previous years. There is less competition for homes, yet prices continue to appreciate, creating a great opportunity for buyers to position…
Foreclosure Increases Slowed in November
Here’s your November update on Foreclosure activity in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: November 2008 King: 540 NTS, up 57% YOY Snohomish: 220 NTS, up 28% YOY Pierce: 465 NTS, up 28% YOY The graphs below are derived from monthly Notice of Trustee Sale counts gathered at…
Declining Appreciation Closely Tied to Sales Volume
I was going back and updating some of my lesser-used spreadsheets today when I came upon one that I thought was particularly interesting. The graph below is an updated version of something I presented originally in the post Home Buying Demand vs. Price Changes back in April. The chart below takes the year-to-year change in…