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 Prices Inch Up Slightly Post Tax Credit
Sorry this is a day late. I completely spaced yesterday about it being Case-Shiller Day. Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to July data, Up 0.1% June to July. Down 1.6% YOY. Down 23.5% from the July 2007 peak Last year prices fell 0.1% from June…
Reader Question: Is FHA financing a seller repellent?
A reader emailed me with the following question: My girlfriend and I put an offer on a house last week. The house was listed in the upper $500k range, and we offered $25k under asking with $10k in closing costs to be paid by the seller. We had 1% in earnest money included in the…
“A good lifestyle and a sense of happiness…”
Here’s a bit of marketing print from 2007… Housing developments in the shadow of the Cascade Mountains are hardly anything new in the Northwest. And sure, increasing numbers of home builders are incorporating at least a few green practices in their craft. But how about a major development that holistically considers not only environmentally sensitive…
Poll: Does it feel like the recession ended over a year ago for you?
This poll was active 09.26.2010 through 10.02.2010.