Posted by: The Tim

Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer / internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market.

43 responses to “Real Actual Home Staging: January Edition”

  1. Conor MacEvilly

    At least its a dead wasp! Live ones don’t work so well at an open house.

    Rate this comment: Thumb up 0

  2. Kary L. Krismer

    RE: Conor MacEvilly @ 1 – I have a great OH story about flies, but I don’t want to give the details publicly. Let’s just say they are not a good thing at an OH. ;-)

    Rate this comment: Thumb up 0

  3. Conor MacEvilly

    RE: Kary L. Krismer @ 2 – Was a corpse involved?

    Rate this comment: Thumb up 0

  4. LA Relo

    Maybe the other side of the switch on the magic Oracle hand says “YES” and it moves up and down under it’s own power as you ask it questions.

    Rate this comment: Thumb up 0

  5. Kary L. Krismer

    RE: Conor MacEvilly @ 3 – No comment! ;-)

    Alternative response: “My clients are just dying to sell you this house!”

    Rate this comment: Thumb up 0

  6. redmondjp

    Now you know where the term “water closet” came from!

    You know, Tim, you should photoshop a pink tail on that pony in the last pic.

    Rate this comment: Thumb up 0

  7. random guy

    Now you’ve got me thinking about whether I’d give up a closet for a toilet in the bedroom!

    I know it’s offbeat but I’d use it. It seems like one of those things you don’t think you need but you would miss it when it was gone. Probably a tough sell to the wife though. Hmm…

    Rate this comment: Thumb up 0

  8. Kary L. Krismer

    By random guy @ 7:

    Now you’ve got me thinking about whether I’d give up a closet for a toilet in the bedroom!

    Why couldn’t you still use the closet? ;-)

    Rate this comment: Thumb up 0

  9. Lurker

    RE: Kary L. Krismer @ 8

    I could get ready for work so much more efficiently with a bathroom/closet combo and a toilet in the shower would guarantee an escalation clause into my offer.

    Rate this comment: Thumb up 0

  10. ray pepper

    “Once again, I decided to head out to some weekend open houses to get a first-hand look at some of ”

    Hmmm..out last weekend to open houses during NFL playoffs? The best two weekends of the year for football? This must be some kind of a joke Tim is putting on us……….Looking at Open Houses I find as stimulating as: http://www.youtube.com/watch?v=6kL6GIe-iu8

    Rate this comment: Thumb up 0

  11. softwarengineer

    LOL Tim

    They should put you and your photos on that local Seattle comedy show after SNL.

    Rate this comment: Thumb up 0

  12. Jillayne

    Tosh.0
    The_Tim.0

    Rate this comment: Thumb up 0

  13. Jillayne

    It’s a TV show. My teenagers made me watch it last night. Tosh is a guy who takes youtube videos and then adds his own commentary. Sometimes he recreates a video somebody else did with the people who were in the video.
    http://www.comedycentral.com/tosh.0/

    Rate this comment: Thumb up 0

  14. Jugajoosh

    Last weekend, I visited an open house in Bryant (Seattle) listed at $669k that had at least 4 broken windows. I mean the single panes of glass in the windows were broken – the cold outside air was coming into the house! Are they serious?

    http://www.redfin.com/WA/Seattle/6857-31st-Ave-NE-98115/home/315537

    Rate this comment: Thumb up 0

  15. The Other Ben

    By The Tim @ 13:

    RE: Jillayne @ 12 – I don’t get it.

    Old man. :)

    Rate this comment: Thumb up 0

  16. Lurker

    By Jillayne @ 12:

    Tosh.0
    The_Tim.0

    That show is so darn funny. I love it

    Rate this comment: Thumb up 0

  17. Daniel

    RE: Jugajoosh @ 15 – Ouch, so many Photoshop accidents. For me, all people achieve by such listing photos is that I question everything else they say, suspecting things to be the same fake than the pictures.

    Rate this comment: Thumb up 0

  18. EconE

    RE: Jugajoosh @ 15

    The owners don’t live there anymore.

    Rate this comment: Thumb up 0

  19. Scotsman

    RE: EconE @ 19

    Just the photoshop fairies. They must get cold easily.

    Rate this comment: Thumb up 0

  20. Racket

    By Jugajoosh @ 15:

    Last weekend, I visited an open house in Bryant (Seattle) listed at $669k

    Call Wedgewood, Ravenna, you pick, but nobody calls that area “Bryant”

    Rate this comment: Thumb up 0

  21. Ira Sacharoff

    By Racket @ 21:

    By Jugajoosh @ 15:
    Last weekend, I visited an open house in Bryant (Seattle) listed at $669k

    Call Wedgewood, Ravenna, you pick, but nobody calls that area “Bryant”

    Except for the people who live there. Bryant is sometimes called Ravenna/Bryant, but it’s east of Ravenna and south of Wedgwood.
    Bryant is located between NE 45th North to NE 70th and from 25th Ave NE East to 40th Ave NE.

    Rate this comment: Thumb up 0

  22. Jugajoosh

    RE: Ira Sacharoff @ 22

    Thanks Ira.

    Rate this comment: Thumb up 0

  23. Jugajoosh

    RE: Racket @ 21
    Racket,
    It is beside the point, but FYI the Redfin listing says Bryant.

    Rate this comment: Thumb up 0

  24. Racket

    I understand where it is, but I have never heard of anyone say ” I live in bryant” I went to Eckstien I know the area well.

    Just like when real estate agents call parts of Mounlake Terrace “mallot”

    Rate this comment: Thumb up 0

  25. Jugajoosh

    RE: EconE @ 19
    Nor should anyone else until the windows are fixed. I don’t understand how Windermere people can feel ok about presenting it to potential buyers.

    Rate this comment: Thumb up 0

  26. Ira Sacharoff

    RE: Racket @ 25
    I’ve known people who say they live in Bryant or Ravenna Bryant, but what in god’s name is ” Mallot”?

    Rate this comment: Thumb up 0

  27. Jugajoosh

    RE: Racket @ 25
    Are you sure that’s not “mullet”? :)

    Rate this comment: Thumb up 0

  28. Jugajoosh

    RE: Racket @ 25

    Maybe real estate agents should call Bryant Mallot instead. Because that’s where people take a mallot and break their windows before they list their house for sale…

    Rate this comment: Thumb up 0

  29. BillE

    Bryant is just north of Arlington on Hwy 9. The area referenced is just part of “Seattle.”

    Rate this comment: Thumb up 0

  30. jojo

    Spending the weekend perusing open houses to take snarky pictures ? I guess you could rationalize that as “work related”, but seriously – unless your looking to buy a house- are you really that bored – …do people really go to open houses for fun – wtf is up with that?
    go play with your kids or something -

    Rate this comment: Thumb up 0

  31. Mikal

    RE: Jugajoosh @ 28 – Funny.

    Rate this comment: Thumb up 0

  32. Julie Lyda

    Out looking at open houses…. makes me think Tim is getting closer to making a buying decision.

    Maybe keeping the rising home prices a secret…? Certainly as home prices have dropped the head lines have screamed. But we get a YOY price increase on average home prices and all goes quiet. interesting.

    King County Average Home Prices Rise First Time in 3 Years.
    http://bit.ly/gjlC3H

    Rate this comment: Thumb up 0

  33. Lurker

    If I recall from some of his comments in the past, I think The Tim is fond of winter as a time to buy, strictly from a price perspective. He has already mentioned his belief in that pricing is close to historic trends and since he wants to own a house he could be out there seriously kicking some tires. If he found something that he liked for 10% less than market value I would not be surprised if he bit. Just my guess. He is a big boy and knows what he is getting into so if he decides to finally pull the trigger, I wish him the best.

    I do wonder how long he would continue to maintain the bubble site after he finally buys something.

    Rate this comment: Thumb up 0

  34. Lurker

    RE: Julie Lyda @ 33

    Why do you post mean when median is typically used?

    Rate this comment: Thumb up 0

  35. EconE
  36. Julie Lyda

    RE: Lurker @ 35

    I do track both mean and median. I prefer to use average in my reports. I use a year to date average so there are many sales to average, thus the numbers won’t be weighted by any high or low anomalies.

    Rate this comment: Thumb up 0

  37. One Eyed Man

    RE: EconE @ 36

    “Golly” EconE, the department of political correctness has regulated your link forcing enquiring minds to resort to manual decoding and input of the “D” word.

    Rate this comment: Thumb up 0

  38. Julie Lyda

    RE: The Tim @ 38RE: The Tim @ 38

    Yes Tim, I know you only use median. I like to watch both numbers, because I feel they tell us two different things. There are so many ways to track statistics. Mean, median, and indices. Just another way to look at numbers. I think they are all important.

    When looking at the King Co. median (ytd):
    2007 $455,000
    2008 $429,950
    a drop of $25,050

    2008 $429,950
    2009 $380,000
    a drop of $49,950

    2009 $380,000
    2010 $375,000
    a drop of only $5,000

    So the median doesn’t show us a gain, however it sure looks like the steep dropping off of prices is ending, of course, subject to anymore catastrophic economic news

    I make no predictions with the numbers, but my feeling is that the market is stabilizing.

    Rate this comment: Thumb up 0

  39. EconE

    RE: One Eyed Man @ 39

    LOL.

    I wouldn’t have noticed.

    That’s when you know political correctness has been taken too far.

    Rate this comment: Thumb up 0

  40. Kary L. Krismer

    I track both mean and median too, as well as the difference between mean and median. I track mean to get some idea of the strength of the upper end of the market.

    Rate this comment: Thumb up 0

  41. tomtom

    By Julie Lyda @ 40:

    So the median doesn’t show us a gain, however it sure looks like the steep dropping off of prices is ending, of course, subject to anymore catastrophic economic news

    I make no predictions with the numbers, but my feeling is that the market is stabilizing.

    That sounds like a prediction.

    Rate this comment: Thumb up 0

Leave a Reply

Do you want a nifty avatar picture next to your name, instead of a photograph of Tim's dog? Just sign up with Gravatar, and make sure to use the same email address in the form below. It's that easy!

Please read the rules before posting a comment.

You have 5 comments remaining on this post.

Archives

Find us on Google+