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….
Tag: “Seattle is special”
“Positive Fundamentals” with “Hints of Weakness”
Ahh, Les Christie of CNN Money—the perfect national companion to our local captain of the real estate cheerleading squad, Elizabeth Rhodes. Where would we be without your frequent reports reminding everyone across the country just how special Seattle is? In the middle of a nationwide housing slump, a few markets have held their ground –…
Seattle’s “Seller’s Market” Status Rapidly Eroding
Forbes has come out with yet another real estate “Top 10” list, this time gabbing on about the “Top Home Sellers’ Markets.” Interestingly, Seattle is conspicuously absent from the list. They explain: The MethodologyTo measure inventory glut, we used Moody’s Economy.com and National Association of Realtors data that tracked a market’s current sales rate by…
Local Odds & Ends
Got a couple of links to share this morning. Trying to clear out the backlog before May stats from the NWMLS hit either today or tomorrow. Priced out of Seattle? King5 News recommends “shared home buying” with friends or even strangers. They also make a recommendation you don’t often see in the local press: save…
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…