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…
Redfin: June’s Warmest Puget Sound Region: NE Seattle
Full disclosure: The Tim is employed by Redfin. Last Thursday Redfin released their June market data. Here’s an excerpt from the narrative (which I also wrote): So far this summer the real estate market in Seattle is about as exciting as a Matlock Marathon at the High School Prom. Very few quality, well-priced new listings…
Poll: Have foreclosures peaked?
This poll was active 07.24.2011 through 07.30.2011.
Weekly Twitter Digest (Link Roundup) for 2011-07-23
Whoa, 26% of JPMorgan's WaMu-originated mortgages are 30+ days late. http://goo.gl/3iaV3 (near the end) # Does anyone know what happened to "Fast Times at 2200"? It seems to have just disappeared. http://2200life.blogspot.com/ # Zillow IPO ends up pricing at $20. Starts trading on Wednesday. http://goo.gl/Ier44 # Holy cow! @Zillow stock trading at nearly $50, up…
Friday Flashback: NAR’s Laughable Seattle “Analysis”
A reader emailed me recently to remind me of this amusing document published by the National Association of Realtors in 2006: Home Price Analysis for Seattle-Tacoma-Bellevue (pdf). Quoting: With home prices rising strongly in most parts of the country, there has been widespread media coverage on the possibility of a housing market bust. A thorough…