Okay, so maybe living in a converted bus isn’t for you. Maybe you want to own some actual land. One theory we’ve all heard over and over for why real estate is always a good long-term investment is that “they’re not making any more land.” As it turns out, “they” may not be making any…
Tag: affordability
Housing Market Heated Up in Q2, Affordability Fell
The latest issue of Sound Housing Quarterly has been published (Q2 2010). Sound Housing Quarterly is a subscription-based sister project to Seattle Bubble that I created to provide a single consolidated and consistent source of high-level local housing market stats and analysis. Here are a couple of highlights from the second quarter issue. The Real…
Charting How Much Home the Median Income can Afford
A few days ago on my sarcastic interest rates post, Dave0 asked: I wonder what the chart would look like if you graphed out, from 2000 to present, the price someone could afford to buy with the given interest rate at the time (from the graph above), with payments equal to 28% of the median…
Real Estate Heat Index Fell Across Puget Sound in Q1
The latest issue of Sound Housing Quarterly has been published (Q1 2010). Sound Housing Quarterly is a subscription-based sister project to Seattle Bubble. Here are a couple of highlights from the first quarter issue. The Real Estate Heat Index (a proprietary index I created that uses supply, demand, and home prices to calculate the general…
Poll: Do you know anyone who has left the Seattle area due to lack of affordable real estate?
This poll will be active and displayed on the sidebar through 05.01.2010.