Enjoy Seattle Bubble? Support this Site! September market stats were published by the NWMLS this morning. Here’s what they have to say about their numbers: Housing market rebound continues, with "slow, unprepared buyers" settling for "2nd choice" homes. The imbalance between supply and demand is “wreaking havoc” with some buyers and sellers, said Northwest MLS…
Category: Counties
County-wide statistics.
September Stats Preview: Sales Cliff Edition
September is part of the past, so let’s have a look at our 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…
Local Incomes: Median & Per Capita, Real & Nominal
Okay let’s revisit the discussion on local incomes once more. First up, I’d like to highlight the top comment from Monday’s discussion, posted by “gr8day”: I make less today than I did 6 years ago. So does my barber, my brother, my next door neighbor, best friend, pastor at church, and most of the people…
Case-Shiller Tiers: Low Tier Nearly in the Black
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: Home Prices Strengthen Into Summer
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to July data, Seattle-area home prices were: Up 1.4% June to July. Up 3.1% YOY. Down 26.3% from the July 2007 peak Last year prices rose 0.1% from June to July and year-over-year prices were down 6.4%. Another month of…