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…
Category: Statistics
Statistics, number-based analysis, etc.
Case-Shiller: Real Estate is Local, Free Cash is National
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to May data, Up 1.2% April to May. Down 1.4% YOY. Down 23.7% from the July 2007 peak Last year prices fell 0.3% from April to May and year-over-year prices were down 16.6%. No big surprises here. It would have…
At Least Two Thirds of King County Listings are “Stale”
One of the complaints that I have heard frequently from people looking to buy in today’s market is that despite the near-record number of listings on the market today, much of what is on the market is inventory that has been sitting for months. That sounds like an invitation for a chart. In the chart…
Foreclosure Cure & Repossession Rates Both Rising
A few days ago on our June foreclosure update post, deejayoh pondered an interesting question: Looks like you can also view the “Discontinuation of Trustee Sale” filings. There were 342 in the same time period. I wonder how that “cure rate” has changed over time. Since the last time we looked at King County discontinuance…
June Housing Stats Around the Sound
Sorry about posting this a little later in the month than usual. There were just so many other fun things to write about this month. Let’s take a look at June NWMLS statistics from around the sound. As usual, courtesy Tableau Software (available free to use online), the Around the Sound update is rocking sweet…