Archive for February, 2012

February 16, 2012

Redfin Expands Partner Service to Thurston & Whatcom Counties

We’re happy to announce that people looking to buy or sell a home in Thurston and Whatcom Counties can now buy and sell with a Redfin partner agent. This means that areas such as Olympia, Lacey, Tumwater and Yelm (Thurston County) and Bellingham, Ferndale and Lynden (Whatcom County) now have access to a real estate agent held to the same standards as Redfin’s own agents.

Thurston County Redfin Expands Partner Service to Thurston & Whatcom CountiesWhatcom County Redfin Expands Partner Service to Thurston & Whatcom Counties

Every Redfin partner agent was chosen because he or she shares our values of customer service, experience and transparency. We carefully interview each candidate, check at least three customer references, and ensure that each agent has completed at least 15 local transactions. Our team of partner agents in Thurston and Whatcom Counties have already won rave reviews from customers.

If you have any questions about our new partner agent service in Thurston & Whatcom Counties, please let us know.


Meet Our Thurston County Agents

79170 177 0 Redfin Expands Partner Service to Thurston & Whatcom Counties Jenah Mahan
star full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar half Redfin Expands Partner Service to Thurston & Whatcom Counties
Serving Pierce & Thurston Counties
Homes Closed: 80+
81812 715 0 Redfin Expands Partner Service to Thurston & Whatcom Counties Zenika Gandara
star full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar half Redfin Expands Partner Service to Thurston & Whatcom Counties
Serving Pierce & Thurston Counties
Homes Closed: 39+
72690 417 0 Redfin Expands Partner Service to Thurston & Whatcom Counties Brenda Kelley
star full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar half Redfin Expands Partner Service to Thurston & Whatcom Counties
Serving South King County, Pierce County & Thurston County
Homes Closed: 144+
102739 608 0 Redfin Expands Partner Service to Thurston & Whatcom Counties Jessica Chase
star full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar half Redfin Expands Partner Service to Thurston & Whatcom Counties
Serving Thurston County
Homes Closed: 693+
103935 456 0 Redfin Expands Partner Service to Thurston & Whatcom Counties Mitch Dietz
star full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Counties
Serving Thurston, Lewis, Pierce & Grays Harbor Counties
Homes Closed: 29+
85918 545 0 Redfin Expands Partner Service to Thurston & Whatcom Counties Shannon Brent
star full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Counties
Serving South Pierce & Thurston Counties
Homes Closed: 102+

Meet Our Whatcom County Agents

103928 48 0 Redfin Expands Partner Service to Thurston & Whatcom Counties Grant LaMothe
star full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar half Redfin Expands Partner Service to Thurston & Whatcom Counties
Serving Whatcom & Skagit Counties
Homes Closed: 46+
85225 436 0 Redfin Expands Partner Service to Thurston & Whatcom Counties Chris Erdmann
star full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar half Redfin Expands Partner Service to Thurston & Whatcom Counties
Serving Whatcom County
Homes Closed: 111+
80305 342 0 Redfin Expands Partner Service to Thurston & Whatcom Counties Joe Hoppis & Joy Brown
star full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar half Redfin Expands Partner Service to Thurston & Whatcom Counties
Serving Bellingham & Whatcom County
Homes Closed: 317+
97566 293 0 Redfin Expands Partner Service to Thurston & Whatcom Counties Todd Peed
star full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar full Redfin Expands Partner Service to Thurston & Whatcom Countiesstar half Redfin Expands Partner Service to Thurston & Whatcom Counties
Serving Bellingham & Whatcom County
Homes Closed: 100+

Coming soon!

JeffBraimes Redfin Expands Partner Service to Thurston & Whatcom Counties Jeff Braimes
Serving Bellingham & Whatcom County

February 13, 2012

Case-Shiller: Another Winter for Home Prices

It’s time for our monthly check-in of the S&P/Case-Shiller Home Price Indices (HPI). The Case-Shiller data is generally considered to be the most reliable measure of overall home price changes for a region, since they only consider repeat sales of homes when calculating their index, instead of looking at all the homes that sold in a given month.

For the full source data behind this post, hit the S&P/Case-Shiller website. For a more detailed explanation of how the Case-Shiller Home Price Index is calculated, check out their methodology pdf. Also remember that the data released on the last Tuesday of a given month is for the period two months prior (i.e. – November data is released in January).

Here are the basic Case-Shiller stats for the Seattle area* as of November:

November 2011
Month to Month: Down 1.2%
Year to Year: Down 6.3%
Prices at this level in: June 2004
Peak month: July 2007
Change from Peak: Down 31.0% in 52 months
Low Tier: Under $235,142
Mid Tier: $235,142 to $380,225
Hi Tier: Over $380,225

Nineteen of the twenty metro areas tracked by Case-Shiller saw a decrease in their HPI between October and November (the same as between September and October): Only Phoenix saw an increase, for the second month in a row. This month Chicago bumped Atlanta out of the bottom spot, falling 3.4% in a single month.

Here’s a look at the latest local tiered data, back through 2000:

Sea Case Shiller Tiers 2011 11 Case Shiller: Another Winter for Home Prices

And here’s a closer look at the recent changes, with the vertical and horizontal axes zoomed in to show just the last year:

Sea-Case-Shiller-Tiers_2011-11

All three of Seattle’s tiers fell in November. Month to month, the low tier was down 2.3%, the middle tier fell 1.8%, and the high tier decreased 0.4%.

In this next chart, I’ve visualized the month to month trends of all twenty Case-Shiller-tracked cities. Green and above the horizontal axis if they were increasing in the month charted, red and below the axis if they were decreasing. I’ve excluded 2000 through 2004 since they looked largely the same as 2005 (mostly green).

Case Shiller MoM Gains Losses 2011 11 Case Shiller: Another Winter for Home Prices

Just five months ago, all twenty cities saw month to month gains. Now just one is not the red.

Read the rest of this entry »


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