I was quoted fairly extensively in the 2010 looking forward story in the Seattle Times http://is.gd/5DnNq # 4 more WA banks added to FDIC oversight list http://is.gd/5F9PA # Great roundup of recent government interventions in the housing market from @CalculatedRisk http://is.gd/5FHNm # "By early next year, many will come to regret their decision to delay…
Case-Shiller Tiers: Oct. Price Rise Fails to Make up Sept. Losses
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 Summer of Stalled Prices Stretches On
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to October data, Up 0.2% September to October. Up 0.4% September to October (seasonally adjusted) Down 12.4% YOY. Down 22.4% from the July 2007 peak Last year prices fell 1.4% from September to October (not seasonally adjusted) and year-over-year prices…
It’s a Great Time to Rent (Office Space)
A great article in today’s Seattle Times by Eric Pryne gives a nice review of 2009 in commercial real estate around Seattle. In 2007, developers excavated a deep hole in downtown Seattle at Second Avenue and Pine Street for the foundation of a 23-story luxury hotel and condo tower. They filled the hole in 2009….
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