A reader who wrote in earlier this month contacted me with a There are SO FEW homes that are 1,500-1,700 square feet (about the square footage I think my family could live in comfortably) that are not split entries (my husband and I find them inefficiently laid out and not very amenable to changes to…
Case-Shiller Tiers: Low Tier Drags Seattle Index Down
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