Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to September data, Down 0.6% August to September. Down 2.6% YOY. Down 24.6% from the July 2007 peak Last year prices fell 0.4% from August to September and year-over-year prices were down 13.8%. The post government-meddling double-dip continues unabated. So…
Tag: Case-Shiller
Is 1998 Price + Inflation a Fair Home Valuation Method?
Yesterday TheHulk brought up an interesting idea in the comments: Whenever I look at listings online, for older houses (aka houses built before 2000), in my mind I make up a figure on what that house price should be today. My stupid back-of-the-envelope calculation is as follows: Current price – 500K Last Sold – 250K…
Case-Shiller Tiers: Low Tier Hammered in August
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…
Case-Shiller: Seattle’s Home Price Double-Dip Begins
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to August data, Down 0.8% July to August. Down 2.4% YOY. Down 24.1% from the July 2007 peak Last year prices rose 0.1% from June to July and year-over-year prices were down 14.7%. Since August’s data is a 3-month average…
Case-Shiller Tiers: High Tier Shows the Only Gains in July
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…