A reader emailed me with a question about home prices compared to gold: Any easy way for you to compare Case-Shiller home prices to gold? I have a hunch prices have dropped much more dramatically than we realize, as our USD goes in the tank. Maybe Goldman’s 22% drop prediction was closer if the nasty…
Category: Features
Cheapest Homes: November 2012 Edition
Let’s check in again on the cheapest homes around Seattle proper. Here’s our methodology: I search the listings for the cheapest homes currently on the market, excluding short sales, in the city of Seattle proper. Any properties that are in obvious states of extreme disrepair based on listing photos and descriptions will be excluded. This…
October 2012 Seattle Bubble Recap
Time for another monthly recap, where we wrap up the month and highlight the major posts of the month that just ended in a single place. The purpose of this series is to get a feel for how a month went, and catch up if you missed something. I’m going to try a different format…
Checking Up on Goldman’s Bearish 2010 Two-Year Forecast
Readers may recall the following prediction from Goldman Sachs in June 2010: Goldman: Seattle Home Prices to Fall 22% More by 2012 Following their earlier collapse, house prices appear caught in a cross current. On the one hand, there are indications that prices may have bottomed. While alternative house price indices differ in details, they…
Reader Question: Short Sale Buying Tips?
Yesterday I received the following question from a reader thinking about buying a short sale: My husband and I are interested in buying a home in the Snoqualmie Ridge neighborhood. Many/most of the homes (In our price range) appear to be short sales. Do you have any suggestions or tips when attempting to purchase a…