local real estate news, statistics, and commentary without the sales spin.
County-wide statistics.
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…
As promised in this morning’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…
Let’s take a look at how affordability is doing in the Seattle area after the last couple months of changes in home prices and interest rates. So how does affordability look as of May? Thanks to the spring surge in home prices, we’ve dropped back below the “affordable” level of 100. The index sits at…
It’s time for us to check up on stats outside of the King/Snohomish core with our “Around the Sound” statistics for Pierce, Kitsap, Thurston, Island, Skagit, and Whatcom counties. If there is certain data you would like to see or ways you would like to see the data presented differently, drop a comment below and…
It’s time for our detailed look at March’s foreclosure stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: May 2013 King: 425 NTS, down 36% YOY Snohomish: 197 NTS, down 54% YOY Pierce: 323 NTS, down 41% YOY The number of trustee sale notices is still falling fast from…