Although the median price has its drawbacks, it does at least give us a reasonably accurate measure of the general direction and magnitude of price changes in an area. While we have had regular monthly updates on the county-wide median prices, we haven’t really taken a look at the price breakdowns by neighborhood for a…
An Overview of the Housing/Credit Crisis
A couple people forwarded me a link to a 116-page pdf titled An Overview of the Housing/Credit Crisis And Why There Is More Pain to Come that is worth checking out. Here’s a look at the table of contents: Overview of the Great Mortgage Bubble Causes of the Great Mortgage Bubble Consequences of the Bursting…
Poll: What’s the largest debt load you’re comfortable with?
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 03.14.2009.
Simple Affordability Calculator
I’m in Texas for the weekend with limited access to the internet, so unfortunately I was unable to write a substantive post today. However, I did have some time on the airplane to create a javascript version of the basic affordability calculator I developed in Excel a few weeks ago. Given that home prices are…
Reporting Roundup: The bottom is in, unless it isn’t.
Time for yet another thrilling installment of “see how the local press repackaged the NWMLS press release.” First, for comparison, here’s the NWMLS press release that accompanied yesterday’s numbers: Western Washington Home Buyers Starting to Grasp “unique housing opportunities” “I believe these results are reflective of what might be called a “mental filibuster” for potential…