| Nominal Price Activity |
Seattle |
National |
Comment |
| . |
Quarterly Appreciation (Q4:2006 – Q1:2007) |
2.0% |
-1.8% |
Good |
| |
Rolling
Year Appreciation (Q1:2006 – Q1:2007) |
12.2% |
1.7% |
Strong |
| |
Last
Year Appreciation (2006) |
14.5% |
5.9% |
Strong |
| |
Rolling
5 Year App. (Q1:2002 – Q1:2007) |
65.7% |
50.1% |
Good |
| |
Historical
Average Annual Appreciation |
8.4% |
6.0% |
Strong |
| Real Price Activity |
Seattle |
National |
Comment |
| . |
Quarterly Appreciation (Q4:2006 – Q1:2007) |
1.2% |
-2.5% |
Good |
| |
Rolling
Year Appreciation (Q1:2006 – Q1:2007) |
9.0% |
-1.3% |
Strong |
| |
Last
Year Appreciation (2006) |
11.3% |
2.8% |
Strong |
| |
Rolling
5 Year App. (Q1:2002 – Q1:2007) |
46.0% |
32.1% |
Good |
| |
Historical
Average Annual Appreciation |
4.2% |
1.8% |
Strong |
| Affordability
Activity |
Seattle |
National |
Comment |
| |
Mortgage-Debt-to-Income
Ratio* (Q1:2007) |
28.6% |
21.1% |
Unfavorable |
| |
Historical
Mortgage-Debt-to-Income Ratio* |
21.2% |
19.8% |
Average |
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| * |
This ratio compares the monthly mortgage payment (principal & interest only, which does not include hazard insurance, property taxes or any needed private mortgage insurance) for a median priced home financed at the prevailing 30 year mortgage rate to the local median 4-person family income. |
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| |
Seattle historical data is for the time period of Q4:1975 – Q1:2007 |
| |
National historical data is for the time period of Q1:1975 – Q1:2007 |
