{"id":1234,"date":"2007-10-31T10:45:27","date_gmt":"2007-10-31T17:45:27","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/2007\/10\/31\/times-p-i-on-case-shiller\/"},"modified":"2007-10-31T10:45:27","modified_gmt":"2007-10-31T17:45:27","slug":"times-p-i-on-case-shiller","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2007\/10\/31\/times-p-i-on-case-shiller\/","title":{"rendered":"Times & P-I On Case-Shiller"},"content":{"rendered":"

Here’s the local press’ take on yesterday’s Case-Shiller data. For the most part, the reports come across as suprisingly even-handed. The biggest exception to that was the P-I’s original headline for Mr. Cohen’s piece: Seattle-area home-price appreciation leads nation again. It has since been changed to the less misleading: Mixed news on home prices<\/a>.<\/p>\n

Home-price appreciation in the Seattle area led the nation for the 12th month in a row in August, but indications were not entirely positive, according to a national index report released Tuesday.<\/p>\n

Prices in the Seattle area were up 5.7 percent from August 2006, according to the S&P\/Case-Shiller Home Price Indices. That put the area just ahead of Charlotte, N.C., which had a 5.6 percent jump, making it one of just five areas where values did not decline.<\/p>\n

But the Seattle area’s annual increase was the lowest in four years and August was the 18th consecutive month of declining annual appreciation. Also, prices decreased nearly one-tenth of a percent from July — the first month-to-month drop since January of this year and only the second since January 2003. The index defines the Seattle area as King, Pierce and Snohomish counties.<\/p><\/blockquote>\n

Aubrey also goes on to quote the same portion of the press release that I included in yesterday’s post where Robert Shiller says “There is really no positive news in today’s report.”<\/p>\n

The Times piece was much shorter, and slightly more positive<\/a>:<\/p>\n

Seattle’s home prices have begun to decline, although on an annual basis they’re still outperforming major metropolitan areas, according to the monthly S&P\/Case-Shiller home price indexes released today.<\/p><\/blockquote>\n

I wasn’t following the real estate market back in 2002-2003, but I wonder if the local press at that time put such a strong emphasis on Seattle home prices under<\/em>performing compared to most every other major metropolitan area? I have my doubts.<\/p>\n

(Aubrey Cohen, Seattle P-I<\/a>, 10.30.2007<\/em>)
\n(“business staff,” Seattle Times<\/a>, 10.30.2007<\/em>)<\/p>\n","protected":false},"excerpt":{"rendered":"

Here’s the local press’ take on yesterday’s Case-Shiller data. For the most part, the reports come across as suprisingly even-handed. The biggest exception to that was the P-I’s original headline for Mr. Cohen’s piece: Seattle-area home-price appreciation leads nation again. It has since been changed to the less misleading: Mixed news on home prices. Home-price…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[],"tags":[86,18,19,31],"coauthors":[],"class_list":["post-1234","post","type-post","status-publish","format-standard","hentry","tag-case-shiller","tag-cohen","tag-seattle_pi","tag-seattle_times"],"yoast_head":"\nTimes & P-I On Case-Shiller \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2007\/10\/31\/times-p-i-on-case-shiller\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Times & P-I On Case-Shiller \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Here’s the local press’ take on yesterday’s Case-Shiller data. 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