Here are a couple of comments that have been posted recently to Seattle Bubble. Brian on June 26: Hey Tim, I’m a fairly new reader, and enjoying your blog, but I have 2 comments: 1. It’s going to sound lame, but I’m sometimes a bit thrown off by your use of sarcasm. If you can…
Seattle Just Maybe “Behind the Cycle”
The latest Case-Shiller Home Price Indices data came out yesterday. The data runs a few months behind, so this release covers April. Here’s Aubrey Cohen’s take on the numbers in the P-I: Seattle continues to defy a national trend of declining home values, but city house price increases are slowing, according to a Tuesday report….
“Positive Fundamentals” with “Hints of Weakness”
Ahh, Les Christie of CNN Money—the perfect national companion to our local captain of the real estate cheerleading squad, Elizabeth Rhodes. Where would we be without your frequent reports reminding everyone across the country just how special Seattle is? In the middle of a nationwide housing slump, a few markets have held their ground –…
Rent Vs. Purchase Comparisons
I’m working on a post that I’d like to make this week where some real-world examples of renting versus purchasing would be really handy. There’s a thread on the forums on the subject, but I’d like to pose the question here as well. Basically what I’m looking for are some concrete examples (with links and…
Seattle’s “Seller’s Market” Status Rapidly Eroding
Forbes has come out with yet another real estate “Top 10” list, this time gabbing on about the “Top Home Sellers’ Markets.” Interestingly, Seattle is conspicuously absent from the list. They explain: The MethodologyTo measure inventory glut, we used Moody’s Economy.com and National Association of Realtors data that tracked a market’s current sales rate by…