A Note From The Tim: I’d like to welcome Deejayoh as a poster to the blog. His contributions to the forum have been vast, interesting, and informative. I’m happy to help him bring his insightful analysis to a larger audience. He is a great asset to this community. Click on any of the images in…
Tag: Case-Shiller
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…
Vacation Link Roundup
Looks like I didn’t miss too much Seattle housing news while I was gone. I’m looking forward to seeing the April numbers next week. Here’s a summary of what I noticed while clearing my inbox: Seattle, Portland, and Dallas are the only cities of the 20 tracked by the Case-Shiller / S&P Index in which…
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…
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…