In one of the first responses to yesterday’s look at Seattle’s long-term Case-Shiller Home Price Index Ross Peterson brought up a good point: So equivalent annual income increase did not keep up with the housing prices increase but did the buying power keep up with the increase? I think the interests rates have fallen in…
Big Picture Week: Case-Shiller HPI Rate of Increase
We spend a lot of time on here talking about month-to-month changes in this or that index, looking for signs of what’s coming next in the housing market. This close scrutiny certainly has its place, but sometimes it’s helpful to take a step back and look at things in more of a long-term historical context….
Poll: How many homes do you think you will own in your lifetime?
This poll was active 09.19.2010 through 09.25.2010.
Weekly Twitter Digest (Link Roundup) for 2010-09-18
Interesting foreclosure heat map of the Seattle area via the @SeattleTimes – http://is.gd/f8IzX (4th image in story) # Interesting shift over at @Zillow today as @SpencerRascoff is upgraded to CEO: http://is.gd/fb0RZ # Tacoma News Tribune: "As real estate slump continues, tax appealsrise in Pierce County" http://is.gd/fcaQP # Strategic default leads to a nice loan mod…
There’s a Reason They’re Called “Moody”
A few readers were questioning why I didn’t write up a full post last month on Moody’s forecast that U.S. home prices will rise 7.2% between today and 2014, with prices in Seattle rising 26% and Bremerton shooting up a whopping 45%. Here’s a brief excerpt from the August 3rd Bloomberg article about the forecast:…