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CEPR: Today’s Buyers to Lose Massive Equity

Posted on October 30, 2008October 30, 2008 by The Tim

The Center for Economic and Policy Research has released another report on the prospects for building home equity over the next four years, and much like their April report, their conclusions are not good for current home buyers hoping to build short-term equity. Despite the collapsing housing bubble and consequent fall in house prices in…

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Case-Shiller Tiers: Synchronized Dropping

Posted on October 29, 2008November 26, 2008 by The Tim

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. First up is the straight graph of the index from January 2000 through August 2008. Click to enlarge Price drops continued in August…

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Case-Shiller: Price Declines Continue Unabated

Posted on October 28, 2008January 28, 2009 by The Tim

It’s time once again for an update on the Case-Shiller Home Price Index. According to August data, home prices in and around Seattle continue to decline at a steady pace. Down 0.7% July to August. Down 8.8% YOY. Last year prices fell 0.10% from July to August (their first month-to-month drop), and year-over-year prices were…

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Seattle Bubble on Canadian Real Estate TV

Posted on October 27, 2008December 21, 2012 by The Tim

Seattle Bubble and I were recently featured on the Canadian network Real Investments Television.  I am unable to embed the video, but you can view the segment here. Note that I do not personally consider myself to be a “real estate guru,” as the TV folks seem to have become fond of calling me (though…

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Weekend News Roundup

Posted on October 27, 2008October 27, 2008 by The Tim

Wow, lots of stories in the local papers this weekend about the slow housing market. Too many to post separately, so here’s a roundup of the weekend news. Let me know if I missed anything. Everett Herald: Snohomish County builders slash home prices Mike Pattison just took his own advice and bought a new home…

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