Full disclosure: The Tim is employed by Redfin. Last week Redfin released their October market data. Here’s an excerpt from the narrative: “The majority of buyers I am working with are not in any hurry to purchase, but want to take advantage of the lower house values we see in the winter,” said Cheryl McLaine,…
Category: Statistics
Statistics, number-based analysis, etc.
Foreclosures Still Climbing, Pace May Be Easing
It’s time once again to expand on our preview of foreclosure activity with a more detailed look at October’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: October 2010 King: 1,307 NTS, up 96% YOY Snohomish: 710 NTS, up 120% YOY Pierce: 802 NTS, up 108% YOY Note…
Every Home Price Percentile Down Significantly Since July
Here’s a new way to look at home prices. Rather than just measuring the median price of what sells each month, why not get a little more granular, and break down each month’s sales into five percentiles? Using detailed sales data obtained through the sweet csv download function on Redfin, I have grabbed King County…
Hagar: Never Mind the Bogus Data, Recovery is Here!
In yesterday’s post I took local real estate agent, appraiser, and real estate educator Richard Hagar to task for some misleading statements he made during a live appearance on KUOW last week. Specifically, I called out his claim that Washington State is currently experiencing net migration of 125,000 people per year. Mr. Hagar dropped by…
NWMLS: Sales Still Down Big YOY, Prices Falling Too
October market stats have been published by the NWMLS. Here’s their press release: Housing Activity Remained Sluggish During October; Market Change Not Likely to be "Light Switch" Moment. Housing activity around Washington state remained lackluster during October, with brokers reporting year-over-year declines in pending sales. On a brighter note, prices on sales that closed last…