"Seattle may be in record apartment boom" http://t.co/BvJDrVb8 via @RealEstatePI # "Trulia CEO Pete Flint on the IPO, competing with Zillow" http://t.co/8HXPnpA4 via @GeekWire # "Shares of Zillow sink after analyst says prospects stink" http://t.co/G8QEVkbk via @GeekWire # …& it's got the Czech Sky RT @urbnlivn: Peek into the personal residence of architect Milton Stricker…
Friday Flashback: Lawrence Yun: “Seattle is Underpriced”
Wow, how could I forget this gem from November 2007? National Association of Realtors “Chief Economist” Lawrence Yun: Seattle a "superstar" market Seattle is becoming a “superstar” market, where housing costs may never settle back into historical relationships to incomes, a national analyst declared on Tuesday. Speaking at the annual conference of the National Association…
Local Incomes: Median & Per Capita, Real & Nominal
Okay let’s revisit the discussion on local incomes once more. First up, I’d like to highlight the top comment from Monday’s discussion, posted by “gr8day”: I make less today than I did 6 years ago. So does my barber, my brother, my next door neighbor, best friend, pastor at church, and most of the people…
Case-Shiller Tiers: Low Tier Nearly in the Black
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: Home Prices Strengthen Into Summer
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to July data, Seattle-area home prices were: Up 1.4% June to July. Up 3.1% YOY. Down 26.3% from the July 2007 peak Last year prices rose 0.1% from June to July and year-over-year prices were down 6.4%. Another month of…