Like the price to rent ratio, it’s been over a year since we visited the subject of Seattle’s home price to income ratio, so let’s take another look. Here’s how the ratio stacks up when you use King County median household income data from the OFM: Not too different from what we saw in yesterday’s…
Category: Statistics
Statistics, number-based analysis, etc.
Big Picture Week: Price to Rent Ratio
It’s been over a year since we last checked in on Seattle’s price to rent ratio. Let’s see how that metric looks over the last twenty years [Update: I changed the chart below to reflect the annual rent. Here’s the original based on monthly rent.]: It is interesting to note that thanks to semi-flatening home…
Big Picture Week: Examining Home Affordability
In one of the first responses to yesterday’s look at Seattle’s long-term Case-Shiller Home Price Index Ross Peterson brought up a good point: So equivalent annual income increase did not keep up with the housing prices increase but did the buying power keep up with the increase? I think the interests rates have fallen in…
Big Picture Week: Case-Shiller HPI Rate of Increase
We spend a lot of time on here talking about month-to-month changes in this or that index, looking for signs of what’s coming next in the housing market. This close scrutiny certainly has its place, but sometimes it’s helpful to take a step back and look at things in more of a long-term historical context….
Foreclosures Edge Down Slightly in August
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: August 2010 King: 1,214 NTS, up 97% YOY Snohomish: 628 NTS, up 91% YOY Pierce: 817 NTS, up 90% YOY Here’s…