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Seattle Bubble
37 followers -
local real estate news, statistics, and commentary without the sales spin
local real estate news, statistics, and commentary without the sales spin

37 followers
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Seattle Bubble's posts

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On the blog: Price to Income Ratio Back in Bubble Territory

It has been a while since we last looked at one of our primary housing bubble metrics: local home prices compared to incomes. In the next chart I am using the Case-Shiller Home Price Index for the Seattle area (which rolls together King, Snohomish, and…

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On the blog: Seattle-Area Unemployment Dips to Previous Boom Levels

We haven’t taken a look at the jobs data in a while, so lets update those charts through June. In this series we look at how the Seattle area’s unemployment rate and approximate labor participation rate stack up to the national numbers. In June the…

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On the blog: Despite Red-Hot Housing Market, One in Five Pending Sales Still Fail to Close

With another quarter fully in the books, let’s take a look a the latest data on pending sales volume versus closed sales volume. For this series I roll the pending sales and closed sales data up by quarter, with pending sales offset by one month. In other…
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