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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. […]

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Case-Shiller: Seattle Not Really Special

Much has been made of Seattle’s continued resilience in the face of the national downturn in housing prices. However, the bear comeback to this type of cheerleading is the argument that Seattle is simply late to the party and will eventually see declines of its own as well. In order to test how well the […]

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Case-Shiller: Prices Flat in Seattle

Uh-oh… Home prices go negative for first time in 11 yearsCase-Shiller price index shows prices falling in 17 of 20 cities in January WASHINGTON (MarketWatch) — U.S. home prices continued to fall in January, with prices in 10 major cities now down 0.7% year-over-year, according to Standard & Poor’s and MacroMarkets LLC, which released the […]

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Seattle Running 6-12 Months Behind

A common belief (one that I’ve repeated a couple of times here) is that housing trends in the Northwest tend to lag California and the nation as a whole by six months to a year. Obviously we cannot know exactly what will happen here, but if we have generally followed California and the national averages […]