In the comments on yesterday’s post, Jonness took me to task for my claim that the incomes of likely homebuyers saw a notable boost between 1996 and 2001. Ask yourself why house prices have fallen less percentage-wise in Thurston County than King County? Google doesn’t have a campus in Olympia, and very few people down…
Seattle Home Prices Back in Line with Per Capita Incomes
There has been a lot of talk the last week or so in the comments about home prices and incomes. I’ve linked up my September post on the topic a few times, but I thought it would be nice to run an update since it’s been half a year. Here’s my conclusion from that post:…
Poll: How much further are (real) Seattle-area home prices likely to fall in the next 5 years?
This poll was active 04.03.2011 through 04.09.2011.
Weekly Twitter Digest (Link Roundup) for 2011-04-02
Wow, talk about desperation: via @SeattleTimes – "Borrowers facing foreclosure try dubious 'sweat equity' claims" http://is.gd/v7kFLx # Wow this guy really hates home ownership. "Why I Am Never Going to Own a Home Again" http://is.gd/y4Ji5k # Yet another article on the latest local rental report from Dupre+Scott http://is.gd/cZAysV I still think it's overblown. # RT…
New Exchange Turns Market Foresight Into Pure Profit
Five and a half years ago, I launched Seattle Bubble with a simple goal in mind: Analyze the Seattle-area residential real estate market and provide a forum for people to discuss ideas and share insights. While the housing market has had it’s ups and downs (and way downs) over the years, growth at Seattle Bubble…