Home prices in Seattle continued their slide in November, according to the latest data from the Case-Shiller Home Price Index. Down 1.43% October to November. Up 1.77% YOY. That’s the fourth month-to-month decline in a row, and a year-to-year increase of barely more than half of October’s already paltry 3.30%. Here’s the usual graph, with…
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.
Gregoire: “The economy is strong. Buy your home.”
Everybody’s pal Christine Gregoire gave a pep talk to the Washington Realtors last week in which she made some interesting comments. Gov. Chris Gregoire told about 400 Washington Realtors on Thursday that she has been working to meet goals the group has for transportation, affordable housing, education and quality of life. Gregoire, who spoke a…
Poll: You win a free home anywhere in the Puget Sound area. Where do you choose?
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 02.02.2007.
Seattle Market Playing Catch-Up, Government Not Riding to the Rescue
Here’s a few quickies to start off your Monday morning. First up, Seattle’s market got a mention in the LA Times on New Year’s Eve while I was cavorting about the country. Note that this was a week or two before the NWMLS statistics for December came out, showing a year-on-year price decline. It’s the…
Wall Street Journal: Seattle No Longer Special
Seattle got a little bit of attention in a recent Wall Street Journal story titled Housing Slump Starts to Hit Stronger Cities: It’s getting harder to hide from the housing bust. Tight credit, fragile consumer confidence and a weakening economy are slowing sales and depressing prices even in some places — such as the Pacific…