It’s time once again for an update on the Case-Shiller Home Price Index. According to September data, Down 1.4% August to September. Down 9.8% YOY. Down 10.1% from the July 2007 peak Last year prices fell 0.25% from August to September and year-over-year prices were up 4.7%. Here’s the usual graph, with L.A. & San…
Rapid Rise in WA Bankruptcies
According to the Seattle Times, Washington State ranked 12th in the nation—up from 27th last year—for average monthly growth in bankruptcy filings between 2007 and 2008, with bankruptcy filings up 40% year-over-year. How is this related to real estate? You can probably guess… Across the state, declining home values and tighter credit have added a…
October Neighborhoods Months of Supply Update
Let’s have a look at “Months of Supply” for the 30 NWMLS areas in King County. For an explanation of what months of supply means, please refer to the original neighborhood MOS breakdown post. Also, view a map of these areas here. October MOS for King County as a whole came in at 8.33 (compared…
Poll: Are you cutting back Christmas spending this year?
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 11.29.2008.
Estately Kicks RE Search Up a Notch
Locally-based real estate search site Estately kicked their technology up another notch yesterday, with the addition of past home sales information to every listing, as well as the expansion into Chicago and Long Island, New York. I’ve been consistently impressed with how much Estately founder Galen Ward has been able to do on a shoestring…