Came across this one in the Seattle Bubble archives, from March 2006 in the Tacoma News Tribune: After several years of public investment in downtown Puyallup, private money is now pouring into multilevel condominiums around Pioneer Park. It appears to be money well spent. Some units are expected to sell for around $500,000. “When we…
Redfin: Capitol Hill & Wallingford Seattle’s Hottest Neighborhoods in August
Full disclosure: The Tim is employed by Redfin. On Monday Redfin released their August market data. The narrative is light this month, as we’re working on a new format, but I still wanted to post the heat map here, since I love heat maps. Here’s this month’s sweet Google Fusion Tables zip code heat map….
Case-Shiller Tiers: Bottom Still Falling Out of Low Tier
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: Seattle Slipping Behind in Summer
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to July data, Up 0.1% June to July. Down 6.4% YOY. Down 28.5% from the July 2007 peak Last year prices rose 0.1% from June to July and year-over-year prices were down 1.6%. Seattle’s Case-Shiller index has risen now for…
The Fix-n-Flip: Still Alive & Well
I’ve been noticing a lot more of the cheap homes I had been watching during my active home search coming back on the market lately as rehab flips. Not only that, but they’re selling, sometimes fairly quickly, at double the previous price or more. Check out a couple examples in my neck of the woods:…