Full disclosure: The Tim is employed by Redfin. Last night Redfin released their August market data. Here’s an excerpt from the narrative: Our agents are reporting a steady stream of low-ball offers hitting sellers across the board. “Low-ball offers are rolling off the tongue of touring clients,” says Kenny Whiteside, a Redfin field agent. ……
Category: Statistics
Statistics, number-based analysis, etc.
NWMLS: August Sales Still Predictably in the Gutter
August market stats have been published by the NWMLS on Friday. It’s rather unusual that they would release the stats so early in the month, but maybe they figured since the cat is out of the bag on their bogus methodology already anyway, they would go ahead and push the report out as early as…
August Stats Preview: Continued Credit Hangover
With August in the rear view mirror, it’s time for another monthly stats preview. Most of the charts below are based on broad county-wide data that is available through a simple search of King County Records and Snohomish County Records. If you have additional stats you’d like to see in the preview, drop a line…
Case-Shiller Tiers: Low Tier Boosted as Credit Expires
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: Tax Credit Out with a Whimper in Seattle
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to June data, Flat May to June (up 0.01%). Down 1.8% YOY. Down 23.6% from the July 2007 peak Last year prices rose 0.4% from May to June and year-over-year prices were down 16.1%. Considering that June was the last…