Distressed sales down, but still there - 15% of all sales were either short sales or bank-owned.
Tag Archive: housing prices
Nov 15
King County Home Prices up 15% from 2012
The median price of single-family homes sold in King County last month rose to $426,000, a 15 percent increase from October 2012. October inventory higher than last year While the frenzy of home buying in early summer sent the median price to $434,000 in July, the highest level in five years, October’s activity showed a …
Oct 23
As the leaves fall, so have house prices fallen in the Seattle area
Single-family home prices in King County saw a remarkable run from January to July, when the median price hit $434,000, a 24% increase in just seven months. Sounds like a 2006 market, doesn’t it? Then a jump in mortgage rates took some steam out of the market. In August, the median sale price slipped almost 1%. …
Apr 26
Seattle home values increase 10.1% from March 2012
Home appreciation slows After months of robust and seemingly unsustainable annual home value appreciation, the housing market is showing signs of moderation in the first quarter, according to data from Zillow. Nationally, the Zillow home value index increased 5.1% year-over-year to $157,600 as of the end of the first quarter. March marked the 16th consecutive month that U.S. …
Aug 12
Housing market seems to have turned… After seven years of pain, now comes the gain
Nearly seven years after the housing bubble burst, most indexes of home prices are bending up. Don’t take my word for it! Check the info below about the nation and Seattle, plus the additional references at the end. (Photo: Bloomberg News) NAR June Housing Report The June report from the National Association of Realtors revealed that …
May 25
The ‘bottom’ here?!
Recovery just around the corner… or here? Experts have been calling a bottom for the housing market ever since the bubble began to collapse in 2006… and they’ve been uniformly wrong. So, are we finally there? David Stiff, chief economist of Fiserv, the financial-services technology company that produces the widely followed Case-Shiller indexes, says ‘yes.’ House …
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