The latest issue of Sound Housing Quarterly has been published (Q3 2010). Sound Housing Quarterly is a subscription-based sister project to Seattle Bubble that I created to provide a single consolidated and consistent source of high-level local housing market stats and analysis. This month’s report is 48 pages long, and took me the better part…
Case-Shiller Tiers: Low Tier Hammered in August
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’s Home Price Double-Dip Begins
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to August data, Down 0.8% July to August. Down 2.4% YOY. Down 24.1% from the July 2007 peak Last year prices rose 0.1% from June to July and year-over-year prices were down 14.7%. Since August’s data is a 3-month average…
Housing Bubble Winners and Losers
I’ve been hearing a lot of frustration vented recently in exchanges on this site and conversations I’ve had with friends and acquaintences about the end game we’ve been experiencing recently as a result of the housing bubble and subsequent bust. I thought it might be interesting to consider the different ways that people have been…
Poll: I would buy a home today if I could get it for…
This poll was active 10.24.2010 through 10.30.2010.