Based on what I’ve been seeing and the ‘word on the street’ from other agents at my Windermere office meeting this morning, things are finally starting to slow down a bit, after a spring that was so busy we approached most potential purchases expecting to have to compete against other offers. The slowdown is not surprising from… Continue Reading
Tag Archives: Case-Shiller
More Misleading Seattle Housing Stats – Zillow Zestimates are Off
In the ongoing quest for housing data that actually provides consumers with accurate information about the current market, here’s an example of why to take Zillow market updates with a grain of salt. I looked into this after reading their May 9, 2011 report about the housing market a few days ago, which stated that… Continue Reading
The 2011 Seattle Housing Market – Why the Case-Shiller Numbers Can Be Misleading
The Wall Street Journal ran a front page article today entitled “Why 2011 May Be the End of the Housing Crash.” They note that the Case-Shiller housing numbers that came out in January showing a drop in home sales in December might not have portrayed a realistic picture in terms of looking ahead. I told… Continue Reading
Interactive Housing Price Graphic from the New York Times
The New York Times has a neat interactive graphic today showing home prices in selected U.S. cities since 2000 (based on the Case-Shiller numbers.) The two graph lines compare prices in the selected city to the 20-city average. It’s interesting to click through and see how the graph lines change depending on how each city fared during… Continue Reading
March 2009 Case-Shiller Housing Numbers for Seattle
The March 2009 Case-Shiller housing statistics show that the Seattle area had a 15% year-to-year decline in home prices, and just under 20% since the peak in mid-2007. Nationally home prices slipped an average of 19% over the last year. Here’s a link to a Wall Street Journal chart with data about the 20 cities tracked… Continue Reading