(Re) Introducing the Seattle Bubble Forums

I am happy to announce that after suffering years of neglect and disarray, the Seattle Bubble Forums are back and better than ever.

forum-screenshot_2015-07-31With visits and comments here heating up as the market rises further and further into new bubble territory, I decided it was time to put in the work to bring our old forums back from the grave.

To get to the new forums just click the “Forum” link at the top of the page.

Although I have migrated everything over to an entirely new platform, all of the old 2007-2013 content is still there. If you created an account on the old forum you should still have an account on the new forum. If you don’t have an account, creating one is free and easy. All you have to do is verify your email address (your email will not be visible to other users).

With these new forums fully integrated into the site we’ll be able to host a much broader range of discussions between visitors. You also get often-requested features like an “ignore user” function as well as private user-to-user messaging.

This post will be closed to comments on the blog. If you have a comment about the forums, take ten seconds to register an account over there and leave your comment in the forums themselves. If you have trouble creating an account, drop me a line directly.

I will also be ending the weekly “open thread” since the forums are one giant 24/7 open thread.

Head over to the all-new Seattle Bubble Forums and join the conversation now.

Case-Shiller Tiers: Strong But Slowing Monthly Gains

Let’s check out the three price tiers for the Seattle area, as measured by Case-Shiller. Remember, Case-Shiller’s “Seattle” data is based on single-family home repeat sales in King, Pierce, and Snohomish counties. Note that the tiers are determined by sale volume. In other words, 1/3 of all sales fall into each tier. For more details […]

Case-Shiller: More Strong Price Gains in May

Case-Shiller: More Strong Price Gains in May

Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to April data, Seattle-area home prices were: Up 1.4% April to May Up 7.4% YOY. Down 6.1% from the July 2007 peak Last year at this time prices rose 1.4% month-over-month and year-over-year prices were up 9.3%. The Seattle area’s […]

Scammy Real Estate Ads Back in Force

Here’s yet another sign that we’re back in bubble territory, albeit a strictly anecdotal one. During the last bubble it was nearly impossible to turn on the radio without hearing some form of scammy “riches in flipping” ad during the commercial break. I don’t listen to the radio that often, but in the rare instances […]

Price to Income Ratio Back in Bubble Territory

Price to Income Ratio Back in Bubble Territory

It has been a while since we last looked at one of our primary housing bubble metrics: local home prices compared to incomes. In the next chart I am using the Case-Shiller Home Price Index for the Seattle area (which rolls together King, Snohomish, and Pierce counties) and Bureau of Economic Analysis data on per […]

Seattle-Area Unemployment Dips to Previous Boom Levels

Seattle-Area Unemployment Dips to Previous Boom Levels

We haven’t taken a look at the jobs data in a while, so lets update those charts through June. In this series we look at how the Seattle area’s unemployment rate and approximate labor participation rate stack up to the national numbers. [July 24 Update – The chart above and numbers below have been updated […]

Despite Red-Hot Housing Market, One in Five Pending Sales Still Fail to Close

Despite Red-Hot Housing Market, One in Five Pending Sales Still Fail to Close

With another quarter fully in the books, let’s take a look a the latest data on pending sales volume versus closed sales volume. For this series I roll the pending sales and closed sales data up by quarter, with pending sales offset by one month. In other words, the second quarter numbers below represent pending […]