home prices

real estate
4:47 pm
Tue July 30, 2013

Seattle Home Prices Post Highest Monthly Jump Since April 1990

Elaine Thompson Associated Press

Home prices in the Seattle metro area in May showed their biggest monthly gain in more than 20 years, as a tight supply of homes and low interest rates drive values higher.

Until recently, interest rates were at record lows, and that’s been spurring people to jump back into the housing market after the 2008 crash. Home prices in the Seattle metro area climbed more than 3 percent in May compared with April. That’s according to the Standard and Poor’s Case Shiller Home Price Index. 

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Business
3:17 pm
Mon June 17, 2013

King County launches web site for electronic property tax appeals

  People who are anxious about the possibility of their property taxes going up have a new resource to turn to. King County just launched a web site to allow homeowners to appeal their property valuations electronically. They can use the site to look up comparable sales and submit that information along with the appeal.

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Economics and recovery
2:15 pm
Wed March 30, 2011

Housing prices falling around the nation, including the Seattle area

A sign advertises a new price on a home for sale in Seattle's Queen Anne neighborhood, Tuesday, Jan. 27, 2009.
Ted S. Warren AP

A "...boatload of loans, sitting in foreclosure," or on the verge of being taken back by the banks. Those are the words of one economist, talking about what's happening in the real estate markets of major cities, nation-wide. The greater Seattle area is no exception.

The numbers come from the Case-Schiller index and they're not pretty.

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Real Estate
7:22 am
Fri March 4, 2011

King County home prices down 7% compared to last year

A jogger and dog run past a house posted with a new price in Seattle.
Elaine Thompson AP Photo

Foreclosures and uncertainty are clogging up the real estate market, and one local expert says prices won't go up again before next year.

The median price of a home in King County  is down nearly 7% compared to a year ago.  That's one of many tidbits in the mass of numbers released this month by the Northwest Multiple Listing Service. 

Sales data for February show the median sales price in Washington's most populous county down 7 percent compared to last year. The median price of a home in King County has dropped to $320-thousand dollars. That's about $23,000 dollars less than in February of last year. 

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