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 Hit Predictable Spring Bounce
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to March data, Seattle-area home prices were: Up 1.7% February to March. Down 1.3% YOY. Down 31.8% from the July 2007 peak Last year prices rose 0.1% from February to March and year-over-year prices were down 7.5%. I stand by…
Homebuying Tip: Get a Sewer Scope Inspection
So far in this week’s poll more people have indicated a preference for homes built before 1940 than any of the other options. If you’re shopping for older homes, in addition to your regular inspection, you should really get a sewer scope done as well. A sewer scope is exactly what it sounds like. They…
Poll: How old a house do you prefer?
This poll was active 05.27.2012 through 06.02.2012
Weekly Twitter Digest (Link Roundup) for 2012-05-26
Just half a decade after the peak, "Downtown Seattle condos are finally filling up" via http://t.co/oxxTPlQP @SeattleTimes # From the condo article: "Escala's owner… is resigned to losing money on the project. The only question is how much." http://t.co/oxxTPlQP # "Mastro creditors unlikely to recoup more money in near future" http://t.co/7Wxc39VE via @SeattleTimes # Historic…