local real estate news, statistics, and commentary without the sales spin.
With August behind us, let’s have a look at our monthly stats preview. Most of the charts below are based on broad county-wide data that is available through a simple search of King County and Snohomish County public records. If you have additional stats you’d like to see in the preview, drop a line in…
This poll was active 08.31.2014 through 09.06.2014
Let’s check in on how Consumer Confidence and mortgage interest rates fared during August. First up, here’s the Consumer Confidence data as of August: The overall Consumer Confidence Index currently sits at 92.4, up 2 percent in a month, 13 percent from a year ago, and at its highest point since October 2007. At 94.6,…
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. Note that the tiers are determined by sale volume. In other words, 1/3 of all sales fall into each tier. For more details…
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to April data, Seattle-area home prices were: Up 1.1% May to June Up 8.6% YOY. Down 11.6% from the July 2007 peak Last year prices rose 1.8% from May to June and year-over-year prices were up 11.8%. The June data…