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 June 2008. Click to enlarge You can see that all…
Wait, what kind of condos?
It’s got unnecessarily crude language and site design that’s still pretty rough around the edges, but Cheap$#!& Condos is still pretty funny. I hope whoever is behind it keeps updating. Hat tips: Marlow Harris @ 360Digest & Matt Goyer @ Urbnlivn.
Case-Shiller: Prices Down 7% from Last Year
According to the latest data from the Case-Shiller Home Price Index, the home price bust in Seattle is gaining steam again. Down 0.2% May to June. Down 7.1% YOY. Last year prices rose 0.65% from May to June, and year-over-year prices were up 7.9%. Here’s the usual graph, with L.A. & San Diego offset from…
WAMU offering 5% CD’s & other bits
Side Commentary and thoughts: Sorry I’ve been unable to post much over the summer here and at RCG. I’ve been exceptionally busy with lots of projects and family stuff. Plus, I’m freaking out that one of my kids is going to be a Freshman in high school starting in a week or so. But, I’m…
Tens of Thousands of Subprime Loan Resets Coming to Seattle
Interesting story from Kirsten Grind over at the Puget Sound Business Journal: Experts see more subprime-loan pain ahead Another big wave of subprime mortgages will see interest rates reset to a much higher rate over the next six months in the Seattle area, an indication that the Puget Sound region might still be facing further…