Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to February data, Down 1.1% January to February. Down 5.6% YOY. Down 25.3% from the July 2007 peak Last year prices fell 1.5% from January to February and year-over-year prices were down 15.4%. Hilariously, Bloomberg continues to run a headline…
Historic Growth Rates of King County Home Prices
A reader emailed last week, requesting some information on the historic rate of price growth for King County home prices, in order to make a more educated guess when making buy-vs-rent calculations. To that end, I am providing the following charts and table. First up is the average growth rate for King County Single-Family homes…
Poll: Do you know anyone who has left the Seattle area due to lack of affordable real estate?
This poll will be active and displayed on the sidebar through 05.01.2010.
Weekly Twitter Digest (Link Roundup) for 2010-04-24
Not surprising, but still disappointing – McGuire to be deconstructed rather than imploded. http://is.gd/bzA9r # Flip this town – NE WA town sells for $360k. http://is.gd/bzKsg # AP: "Renters will save $1,000+ a month in metro areas such as LA, Seattle, San Diego, San Fran, & San Jose" http://is.gd/bzLq5 # Ouch! RT @KirstenGrind: #Frontier Financial…
Oh Boy, Let’s Visit the Buy vs Rent Argument Again
There has been a bit of talk in the last few days about a New York Times story published on Tuesday that once again revisits the subject of buying vs. renting: In Sour Home Market, Buying Often Beats Renting In some once bubbly markets, prices have fallen so far that buying a home appears to…