Craig of @WaLawRealty continues his series about the flawed system of buyer "representation." http://goo.gl/C74c4 # Critics of @Zillow are just "short-term noise" according to founder Rich Barton http://goo.gl/ZxfCz via @GeekWireNews # US Marshals to locate & jail Michael Mastro & wife – http://goo.gl/G8N5l via @SeattleTimes (I bet they're already overseas.) # 62% say homeowners who…
Your Regularly Scheduled Redfin/Tableau Mashup
Full disclosure: The Tim is employed by Redfin. As promised on Monday, I’d like to post the usual Tableau map of Redfin’s monthly Seattle-area market stats. Don’t forget that you can download the full spreadsheet from Redfin here. Going forward I’ll probably just include both of these maps in the same post. In the map…
REO Roundup: The Long, Slow Path to Market Clearing
A handful of non-number-based stories about foreclosures have popped up lately that I thought might be interesting to highlight here for discussion. First up, Diana Olick with CNBC: Vacant Homes Will Drown Housing Recovery A real estate source I knew recently told me about a guy he knows in Atlanta who has been hired by…
Case-Shiller Tiers: Low Tier Still Immune to Spring
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: Spring Bounce Continues Slightly Weakened
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to May data, Up 1.1% April to May. Down 7.0% YOY. Down 29.0% from the July 2007 peak Last year prices rose 1.2% from April to May and year-over-year prices were down 1.4% (the closest they have been to zero…