The latest quarterly housing market snapshot from the Washington Center for Real Estate Research (WCRER) was released yesterday, and as expected, the news continues to get better for home buyers. Since we’re talking about January through March, there are no surprises here for anyone that has been following the NWMLS data and the Case-Shiller index….
Tag: WCRER
WCRER: Price Declines Get Rolling
The Washington Center for Real Estate Research has released their data for the fourth quarter of 2007, and it finally has some good news for home buyers. According to the WCRER calculations, home prices in Q4 dropped 7% from the previous quarter ($472,000 to $439,000), which naturally edged the affordability index up slightly to a…
Crellin: Keep Homes Off the Market—Return “Balance”
If you’ve been reading this site for more than a few weeks, you’ve probably heard of the Washington Center for Real Estate Research at WSU and its spokesman Glenn Crellin. Mr. Crellin is frequently quoted as an authority on local real estate markets across Washington State. With a neutral-sounding name like “Center” and its existence…
WCRER: Affordability Still at Record Lows
First quarter data has been released by the WCRER. There’s not much new information about King County that isn’t already in the Seattle Bubble spreadsheet, but it’s worth noting anyway since their audience is somewhat broader than Seattle Bubble’s. Here are a few quotes from the fluffy, feel-good AP report: Washington’s housing market remains a…