Let’s talk about interest rates for a while. As we have discussed before, when most people buy a home, they tend to determine how much they will spend based on the monthly payment they can afford. Two components make up your monthly payment when you buy a home: loan amount and interest rate. A common…
Category: Statistics
Statistics, number-based analysis, etc.
Puget Sound Counties June NWMLS Update
Let’s check in on the NWMLS statistics from around the sound. Here’s where the YOY stats stand for each of the six counties as of June 2008: King – Price: -4.3% | Listings: +25.4% | Sales: -27.2% | MOS: 6.0 Snohomish – Price: -9.0% | Listings: +8.1% | Sales: -35.0% | MOS: 8.0 Pierce –…
Foreclosures Still Rising Locally
Foreclosures are still on the rise in Washington State and in the Seattle area, according to the Seattle Times. Washington state foreclosure filings were up 69 percent last month compared with the previous June and up almost 10 percent from May, as the mortgage meltdown continues despite government and private efforts to help struggling homeowners….
NWMLS: Sales, Prices Bump Up Ever So Slightly in June
It’s time for NWMLS June statistics. Here’s the NWMLS press release: Housing Market Becoming More Balanced as Sales Climb to Highest Level in 10 Months. Here is your summary along with the usual graphs and other updates. Here’s your King County SFH summary: June 2008 Active Listings: up 25% YOY Pending Sales: down 27% YOY…
Case-Shiller Tiers: Low Tier Barely Bounces
Here’s our monthly look at Seattle’s price tiers from Case-Shiller. Remember that Case-Shiller’s “Seattle” data is based on single-family home repeat sales in King, Pierce, and Snohomish counties. Now here come the graphs. First up is the straight graph of the index from January 2000 through April 2008. Click to enlarge All three tiers benefited…