NOTE: If you are subscribed to Seattle Bubble’s RSS feed and are seeing these open threads in the feed, please switch to our official feed at http://feeds.feedburner.com/SeattleBubble Thanks! Here is your open thread for the week of June 30th, 2014. You may post random links and off-topic discussions here. Also, if you have an idea…
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: What time of year would you ideally prefer to buy a home?
This poll was active 06.29.2014 through 07.05.2014
Consumer Confidence Hits 6.5-Year High in June
Let’s check in on how Consumer Confidence and mortgage interest rates fared during June. First up, here’s the Consumer Confidence data as of June: The overall Consumer Confidence Index currently sits at 85.2, up 4 percent in a month, and at its highest point since January 2008. At 85.1, the Present Situation Index increased 6…
Case-Shiller Tiers: Price Gains Slow in Low & Middle Tiers
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…
Case-Shiller: Seattle Price Gains Cooled Slightly in April
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to April data, Seattle-area home prices were: Up 2.3% March to April Up 11.2% YOY. Down 13.8% from the July 2007 peak Last year prices rose 2.7% from March to April and year-over-year prices were up 11.4%. Pretty much the…