local real estate news, statistics, and commentary without the sales spin.
Just over a month ago we launched our latest price-guessing contest: Guess the Price Round 8: Wallingford Craftsman. Thirty readers made guesses this round before the home went pending. Today’s “Guess the Price” guest star is 3724 Corliss Ave N in the southern third of North Seattle’s Wallingford neighborhood, close to the Burke-Gilman Trail and…
It’s been a few months since we last had a look at my favorite alternative Case-Shiller charts. First up, let’s have a look at the chart that depicts the count of cities showing second derivative (month-over-month changes in the year-over-year changes) gains or losses. For the last three months of data, every single city has…
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…
Have you faced a deficiency judgement on a home you lost to foreclosure? A global cable TV network is looking for Seattle-area borrowers who have been through the process of a deficiency judgment for a story they’re working on. If that’s you and you’re willing to talk about it for a television business show, contact…
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to August data, Seattle-area home prices were: 0.0% Change July to August Up 6.6% YOY. Down 11.1% from the July 2007 peak Last year at this time prices were still rising. They increased 0.5% from July to August and year-over-year…