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: Real Estate is Local, Free Cash is National
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to May data, Up 1.2% April to May. Down 1.4% YOY. Down 23.7% from the July 2007 peak Last year prices fell 0.3% from April to May and year-over-year prices were down 16.6%. No big surprises here. It would have…
At Least Two Thirds of King County Listings are “Stale”
One of the complaints that I have heard frequently from people looking to buy in today’s market is that despite the near-record number of listings on the market today, much of what is on the market is inventory that has been sitting for months. That sounds like an invitation for a chart. In the chart…
Poll: How many more WA-based banks will fail in 2010?
This poll was active 07.25.2010 through 07.31.2010.
Weekly Twitter Digest (Link Roundup) for 2010-07-24
local real estate related (sortof) via @SeattleTimes – Rossi's assets, income built on real estate http://is.gd/dwlma # via @SeattleTimes – "Bankrupt real-estate magnate Michael R. Mastro still living large" http://is.gd/dwylj (I smell a rat.) # Another local real estate "fiasco" – Seattle-based Meridian Group http://is.gd/dwyqV # Close your account at JPMorgan Chase Bank, get a…