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: Down 0.1% July to August. Up 3.4% YOY. Down 26.3% from the July 2007 peak Last year prices fell 0.3% from July to August and year-over-year prices were down 6.1%. Almost every city…
Category: Counties
County-wide statistics.
Seattle Area Keeps Steadily Adding Jobs
Let’s take another look at the Seattle area’s employment situation. First up, year-over-year job growth, broken down into a few relevant sectors: Big gains for construction and manufacturing, both up seven percent. Retail slipped into the red slightly, but the other sectors we track are all still showing gains on the year. Here’s a look…
Reader Question: Sudden Surge of Foreclosure Notices?
I received this question from a reader last week: We live in a rental house which has been in various phases of the foreclosure process for over 5 years (landlord died in 2007 after taking max cash-out refi’s on all 10 of his properties). Trustee sale dates for the house we are in have been…
Foreclosures Dip Back Down in September
It’s time once again to expand on our preview of foreclosure activity with a more detailed look at August’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: September 2012 King: 844 NTS, up 69.1% YOY Snohomish: 474 NTS, up 83.0% YOY Pierce: 658 NTS, up 107.6% YOY Although…
Bank-Owned Sales Edged Up in September
The share of single-family home sales in King County that were bank-owned edged up slightly in September, increasing to 7.5% of sales. It’s a good bet that due to seasonality this number will continue to rise through the end of the year and into the first couple months of 2013. I doubt we’ll get back…