When I posted last week’s 61-year home price history, I promised a follow-up on affordability. So, here it is. Before I get to the chart, here’s a quick refresher on what the “affordability index” is, and what it isn’t. What it is is a simple measure that shows relationship between median home prices, median household…
Blog Contest Update: Seattle Bubble in Dead Heat
Just a quick update on the blog contest that Seattle Bubble is in over at Metroblogging Seattle. As of this post, it’s a dead heat, with Seattle Bubble trailing by one vote, 924 to 925. Many thanks to everyone who has voted so far, and special thanks to Rain City Guide and Seattle Real Estate…
More on Case-Shiller: Seattle Tiers
A while back, Case-Shiller began releasing more detailed information for each of the twenty markets they track. Specifically, the index can now be viewed broken into three tiers: low-priced, middle-priced, and high-priced. Some readers have expressed interest in this information, so let’s take a closer look at Case-Shiller’s Seattle data. First up is a straight…
Case-Shiller: Seattle’s Trend-Bucking Days are Over
Home prices in Seattle edged down again to within an inch of zero year-over-year change, according to the latest data from the Case-Shiller Home Price Index. Down 1.21% November to December. Up 0.49% YOY. For those of you keeping score at home, that makes five month-to-month declines in a row. Seattle has now declined a…
Vote for Seattle Bubble in the Semi-Finals
Thanks to your support, Seattle Bubble has now bested seven foes across three rounds, to advance to the semi-finals of Metroblogging Seattle’s blog tournament. This round we’re up against two sports blogs that got busted for cheating in the previous round. To make it even easier to help us win this round, I’ve embedded the…