Let’s check in again on our regular monthly neighborhood update to Seasonally-Adjusted Active Supply (SAAS). For an explanation of what seasonally-adjusted active supply is, please refer to this post. Also, you may view a map of the areas discussed in this post. As usual, the sweet interactive data visualizations (new and improved!) in today’s post…
Boeing Still by Far the Biggest Player in the Puget Sound Economy
Quick note on the potential impact of a long-term departure of Boeing from the Puget Sound. The Seattle-area economy is definitely more diverse than it was in the ’70s, but Boeing still dominates the employment base by the numbers. A 2003 table from the Greater Seattle Chamber of Commerce shows Boeing employing more people than…
Case-Shiller Tiers: Sales Mix Still Shifting Slightly Toward High Tier
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 Still Being Left Out of the Summer Party
It’s that fun time of the month once again. That’s right, time for the latest data from the Case-Shiller Home Price Index. According to August data, Up 0.1% July to August. Down 0.2% July to August (seasonally adjusted) Down 14.7% YOY. Down 22.2% from the July 2007 peak Last year prices fell 0.7% from July…
The rain returns, and with it the perfect house-shopping season.
There’s no doubt that the gloomy, dark, wet weather has returned to Seattle. While everyone around Seattle retreats into the warm confines of their living rooms and local coffee shops, I’d like to offer a bit of contrarian advice for the house-shoppers out there. Seize the winter. Winter is hands down the best time to…