Here are a few recent stories that have been covered elsewhere and are worth at least mentioning here. Latest foreclosure statistics: Seattle P-I, Foreclosures in Seattle higher, but much lower than nation’s The Seattle area had about twice as many foreclosures in May as it did a year earlier but continued to have a far…
NWMLS Makes Some Changes for the Better
A couple of changes were announced by the NWMLS this month regarding the way they interface their internal system with publicly-viewable sites. They have been covered by other local blogs, but I thought they would at least be worth mentioning here. If you spend a lot of time tracking individual local listings on sites such…
Case-Shiller Tiers: Low Tier Barely Bounces
Here’s our monthly look at Seattle’s price tiers from Case-Shiller. Remember that Case-Shiller’s “Seattle” data is based on single-family home repeat sales in King, Pierce, and Snohomish counties. Now here come the graphs. First up is the straight graph of the index from January 2000 through April 2008. Click to enlarge All three tiers benefited…
Case-Shiller: Thrilling Spring Bounce in the NW
As you may recall, a few months ago the NWMLS statistics for April showed a slight increase in prices (+2.0%) month-to-month. Well, the April Case-Shiller Home Price Index has been published, and surprisingly, they show an increase for April as well, but not nearly as much: Up 0.7% March to April. Down 4.9% YOY. According…
Will High Gas Prices Save Close-in Neighborhoods?
In a discussion last month where we discussed the relationship between gas prices and home purchase decisions, I made the following assertion: …mathematically the decision to move closer just because of higher gas prices doesn’t really make sense. In the last few days I’ve run across a few news articles that again make the contrary…