Let’s Talk About Seattle Real Estate

The Case-Shiller numbers came out today, for two months ago, March; they always lag. They are subject to extremes of subjective interpretation. However, they are in fact mostly down, although not as much as in the last few months. Los Angeles and Las Vegas are actually less down this month than last month! But, there is no national trend evident yet.

This New York Times article has as good a treatment as any of the illusive significance of the C-S report. By comparison, here is a PDF link to graphs with helpful statistics about the huge dimensions of the loan problems that are burdening our broken financial system. Caveat: The package was assembled by brokers selling investment alternatives to real estate, but their statistics are drawn from legitimate sources; I do not endorse or recommend the advertisements at the end of the presentation.

Here are all the Case-Shiller statistics, nicely presented in Excel; click on “March 2009.

This entry was posted on Tuesday, May 26th, 2009 at 4:01 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.