There has been some talk lately about the overall housing stock in the Seattle area, and whether construction has been able to keep up with population growth, or if there is a housing shortage that will lead to another housing boom in a few years. So I thought now would be a good time to…
Category: Statistics
Statistics, number-based analysis, etc.
Comparing the US and Japanese Housing Bubbles
I have been looking for a graphic that accurately compared the Japanese and US housing bubbles for some time. Usually when you see this sort of thing, it compares US housing prices to Japanese land prices – as shown below in a chart clipped from the Economist. Comparison of US housing and Japanese land prices….
Foreclosure Breakdown: King / Snohomish / Pierce
In order to bring an even more complete picture of the Seattle-area foreclosure situation, I spent some time with Snohomish and Pierce County records, and pulled data on the number of Notices of Trustee Sale going back to 2000 for each county. Here are charts of King, Pierce, and Snohomish County foreclosures from January 2000…
CEPR: Today’s Buyers to Lose Massive Equity
The Center for Economic and Policy Research has released another report on the prospects for building home equity over the next four years, and much like their April report, their conclusions are not good for current home buyers hoping to build short-term equity. Despite the collapsing housing bubble and consequent fall in house prices in…
Case-Shiller Tiers: Synchronized Dropping
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. First up is the straight graph of the index from January 2000 through August 2008. Click to enlarge Price drops continued in August…