Monday night I had a brief appearance on John Curley’s new radio program on 97.3 KIRO FM. Here’s the audio, in case anyone is interested (~11 minutes): https://seattlebubble.com/blog/wp-content/uploads/2011/02/John-Curley-Show-2011-02-21.mp3 John seems to have a bit more confidence in my local housing expertise than he did in 2008. To be fair though, I didn’t actually get to…
Case-Shiller Tiers: Low Tier -10% in 1 Year, 33% Off Peak
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: Welcome Back to 2004, Seattle
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 December data, Seattle home prices were: Down 2.0% November to December. Down 6.0% YOY. Down 27.9% from the July 2007 peak Last year prices fell 0.7% from November…
Beware the Emotional Homebuying Rollercoaster
Photo by Flickr user Justin Holzworth We spend most of our time here talking about the logical aspects of home buying—price to rent ratios, affordability, home price indices, etc.—but for most people the homebuying process is as much or more about emotions than it is about logic. Buying a home is a constant series of…
Poll: Has the housing bubble changed your long-term plans & goals regarding your home?
This poll was active 02.20.2011 through 02.26.2011.