only look once at the charts...
The following two charts are from a Seattle Blog. However, they take a very different, but interesting look at the Case-Shiller data.
In the 1st chart we see that Seattle & Portland were late to the party, compared to Phoenix & Las Vegas.
But, what we may also see is that like them Seattle & Portland are now scuffling along on the bottom.
In the 2nd chart we see that the "lastest" RE news - Mar09 to date these RE markets are VERY different.
What this web site also offers you & U.S. are some VERY interactive sites, where we - you and U.S. - get to choose which cities we would like to compare. Try them out, they are wonderful...!!!
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Here’s an update to the peak-decline graph, inspired by a graph created by reader CrystalBall. This chart takes the twelve cities whose peak index was greater than 175, and tracks how far they have fallen so far from their peak.
The horizontal axis shows the total number of months since each individual city peaked.
In the thirty-two months since the price peak in Seattle prices have declined 24.5%, slightly less than last month.Here’s a complementary chart to that last one.
This one shows the total change in the index since last March for the same twelve markets as the peak decline chart.
Looks like the impending expiration of free money was enough to squeeze out a little boost in most markets.
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Case-Shiller: Seattle Finally Sees a Tax Credit Price Boost
June 29, 2010
http://seattlebubble.com/blog/2010/06/29/case-shiller-seattle-finally-sees-a-tax-credit-price-boost/
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