A few people have asked for another checkup on our bottom-calling series from February, in which we explored six different methods of forecasting the bottom for Seattle-area home prices. Not much has changed since our most recent checkup in July, when prices as measured by the Case-Shiller Index were 22.5% off the peak (May data),…
Category: Statistics
Statistics, number-based analysis, etc.
Foreclosures Continue Steady Climb Around Seattle
Time for our detailed look at foreclosure activity for November in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: November 2009 King: 783 NTS, up 45% YOY Snohomish: 387 NTS, up 76% YOY Pierce: 455 NTS, down 2% YOY Foreclosure notices bumped back up again in all three counties last…
Quick Look: November 2009 in Bar Charts
Time for an installment of “quick look,” a series of posts in which I present a fresh set of charts for some recent data with minimal commentary. Today’s theme is King County SFH November stats in bar charts compared to each November since 2000. Note that the definition of “Active Listings” was revised in July…
NWMLS: Tax Credit Boosts November Closed Sales as Pending Sales Drop Through the Floor
November market stats have been published by the NWMLS. Here’s the NWMLS press release: Move-up buyers, extended/expanded tax credits boost home sales; Northwest MLS brokers expect momentum to continue in 2010. Here’s your King County SFH summary, with the arrows to show whether the year-over-year direction of each indicator is favorable or unfavorable news for…
Visualizing the Tax Credit Sales Boost
I’ve been trying to come up with the best way of visualizing just how effective the inefficient, expensive, and economically stupid $8,000 tax credit has been at boosting home sales in the Seattle area, and I think I’ve finally come up with something really good. To generate the chart below, I took all the single-family…