A word from The Tim: This post is from long-time Seattle Bubble participant Tim Kane (a.k.a. “S-Crow”). With short sales becoming more common every month in the Seattle area, I think Tim has struck on an interesting topic that not many other people are talking about. We already know what a hassle short sales can…
Tim Talks Housing With John Curley [Audio]
John Curley and his listeners must have enjoyed my appearance on his 97.3 KIRO radio show last month, because he was gracious enough to have me on again tonight. Here’s the audio, in case anyone is interested (~10 minutes): https://seattlebubble.com/blog/wp-content/uploads/2011/03/John-Curley-Show-2011-03-30.mp3 Thanks for having me on again, John!
Case-Shiller Tiers: Low Tier Still Getting Walloped
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 Home Prices Nearly 30% Off Peak
Happy Case-Shiller day, everybody. Yes, it’s time once again for us to take a look at the latest data from the Case-Shiller Home Price Index. According to January data, Seattle home prices were: Down 2.4% December to January. Down 6.7% YOY. Down 29.6% from the July 2007 peak Last year prices fell 1.7% from December…
Buy Low, Sell High. Is it possible to buy low today?
Buy low, sell high. It’s the #1 rule of investing. While buying a home is more than just an investment, it is the largest purchase most people will make in their lives, and even if you aren’t hoping to make a pile of easy money buying real estate, it’s still good to follow basic investment…