FYI if you read Seattle Bubble via RSS, our feed hasn't been updating since last week, but it should be fixed now. Sorry for the trouble! -> "Escala penthouse in downtown Seattle sells for $6.2 million" http://t.co/cR3klV1U45 via @PSBJ -> "The rebounding economy & real estate market have spurred homeowners to renovate…" http://t.co/w2CefMLPuo via @aubreycohen…
Top 30 Cities: Price to Rent & Price to Income Ratios (2011)
By request, here’s an update to my table of housing stats for the top 30 largest cities in the country. Actually this time it’s the top 31, since Las Vegas got ousted from #30 by Oklahoma City the last time I did this list (in late 2010). Also of note: Detroit’s ongoing dramatic decline in…
Reader Question: Finding info on Seattle neighborhoods?
I recently received an email with this question from a reader about finding information on Seattle neighborhoods: After living in the Midwest for 40 years, it is time for a change. I have a close friend in Issaquah, and I’m selling all of my possessions – save my two loyal dogs – and fixin’ to…
Case-Shiller Tiers: Low Tier Inched Up in January
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: January Home Prices Calm Before the Storm
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to January data, Seattle-area home prices were: Down 0.3% December to January Up 8.7% YOY. Down 26.5% from the July 2007 peak Last year prices fell 0.7% from December to January and year-over-year prices were down 4.0%. Another month without…