local real estate news, statistics, and commentary without the sales spin.
County-wide statistics.
As promised in yesterday’s affordability post, here’s an updated look at the “affordable home” price chart. In this graph I flip the variables in the affordability index calculation around to other sides of the equation to calculate what price home the a family earning the median household income could afford to buy at today’s mortgage…
Let’s take a look at how affordability is doing in the Seattle area after the last few months of changes in home prices and interest rates. So how does affordability look as of October? With home prices stagnating this fall and interest rates inching back down close to 4 percent, the affordability index moved back…
It’s a bit past time for our detailed look at October foreclosure stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: October 2014 King: 389 NTS, down 25% YOY Snohomish: 216 NTS, down 32% YOY Pierce: 343 NTS, down 26% YOY The number of trustee sale notices was down…
October market stats were published by the NWMLS today. They haven’t published their press release to its typical location yet, so let’s just dive right into our usual monthly stats. CAUTION NWMLS monthly reports include an undisclosed and varying number ofsales from previous months in their pending and closed sales statistics. Here’s your King County…
With October now in the past, let’s have a look at our monthly stats preview. Most of the charts below are based on broad county-wide data that is available through a simple search of King County and Snohomish County public records. If you have additional stats you’d like to see in the preview, drop a…