local real estate news, statistics, and commentary without the sales spin.
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to February data, Seattle-area home prices were: Down 0.2% January to February Up 9.3% YOY. Down 26.7% from the July 2007 peak Last year prices fell 0.8% from January to February and year-over-year prices were down 2.9%. I was actually…
Let’s have another look at our monthly sales histogram. Sales across all price tiers got a big boost in March, while the sales curve stayed basically the same shape as February. The mode (i.e. the bucket with the most sales) for non-distressed sales moved from the $400,000 to $450,000 bucket in February down to the…
It’s time for our detailed look at March’s foreclosure stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: March 2013 King: 795 NTS, up 33% YOY Snohomish: 462 NTS, up 32% YOY Pierce: 605 NTS, up 57% YOY All three counties still above their levels from a year ago,…
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to January data, Seattle-area home prices were: Down 0.3% December to January Up 8.7% YOY. Down 26.5% from the July 2007 peak Last year prices fell 0.7% from December to January and year-over-year prices were down 4.0%. Another month without…
Let’s have another look at our monthly sales histogram. After sharpening in January, the sales curve flattened out again in February, with home sales between $200,000 and $300,000 taking a hit while home sales between $400,000 and $500,000 bumped up. The mode (i.e. the bucket with the most sales) for non-distressed sales moved from the…