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Tag: affordability

King County Affordability: 1950-2007

Posted on February 28, 2008March 7, 2008 by The Tim

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…

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WCRER: Price Declines Get Rolling

Posted on February 15, 2008 by The Tim

The Washington Center for Real Estate Research has released their data for the fourth quarter of 2007, and it finally has some good news for home buyers. According to the WCRER calculations, home prices in Q4 dropped 7% from the previous quarter ($472,000 to $439,000), which naturally edged the affordability index up slightly to a…

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Consumers wish list

Posted on January 24, 2008January 29, 2008 by S-Crow

The inspiration for this post is from the existing homeowners, prospective homeowners and allied real estate professionals that have corresponded with me and commented on this blog over months past to the present. I’ve learned and received much more than I’ve provided on this blog I assure you, but the common theme I’ve come away…

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Hedging Real Estate

Posted on January 9, 2008September 15, 2013 by S-Crow

This has been on my mind for a while: Two ways to hedge against or reduce the potential for problems in a tough market, today and for the future. #1) Buy something that you can improve. Not a disaster, but a home that is priced right for the condition of the home. If you are…

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Rates below 5.5% 30 yr fixed.

Posted on January 9, 2008January 29, 2008 by S-Crow

Quick Note: If you are thinking long in this real estate market, this is an exceptional time to consider a purchase or refinance with rates this sweet. The motivation level is rising among many selling. Contact your loan officer or me for suggestions for lending professionals (no obligation of course). I have no ownership stake…

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