RT @NickTimiraos: Builder confidence index at 29, a five year high. Still low, historically speaking. #wsj # Nice catch by a reader: Longtime SB friend Ira Sacharoff was once a streetcar conductor. Awesome! http://t.co/1qaiNRu5 # Interesting thread on Reddit – tight RE inventory everywhere right now: http://t.co/jBsxkOeB # RT @urbnlivn: New Urbnlivn post: Guest Post:…
The Missing Real Estate Book
At various points in the last few years it has been suggested to me that I should write a book. A book about real estate in general or the housing bubble specifically, from my unique perspective as an engineer turned real estate analyst. As one of my coworkers recently put it: “Kendra Todd wrote a…
The Seattle-Area’s Most Expensive Zip Code Is…
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Mode Price Holds Steady as Average and Median Rise
It’s been a few months since we took a look at the average, median, and mode prices all together, so let’s update that chart. Here are the definitions of mode and standard deviation, for those who aren’t stats nerds. Note that for the “mode” in this chart, I have rounded every sale price to the…
All Five Home Price Percentiles Flirt with Break-Even
It’s time for another look at the King County single-family sale price percentiles. Here’s how I break down the price percentiles for these posts. Each bucket is a cutoff where some percentage of homes sold below that price, while the remaining percentage sold above that price. Bottom: 10% below, 90% above. Low: 25% below, 75%…