By S-Crow on March 31, 2011
A word from The Tim: This post is from long-time Seattle Bubble participant Tim Kane (a.k.a. “S-Crow”). With short sales becoming more common every month in the Seattle area, I think Tim has struck on an interesting topic that not many other people are talking about. We already know what a hassle short sales can [...]
Posted in Opinion | Tagged bankruptcy, banks, lending, mortgages, short sales
By The Tim on March 30, 2011
John Curley and his listeners must have enjoyed my appearance on his 97.3 KIRO radio show last month, because he was gracious enough to have me on again tonight. Here’s the audio, in case anyone is interested (~10 minutes): Thanks for having me on again, John!
Posted in Audio & Video | Tagged audio, Curley, KIRO, radio
By The Tim on March 30, 2011
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 [...]
Posted in Counties, Statistics | Tagged Case-Shiller, Statistics, tiers
By The Tim on March 30, 2011
Here is your open thread for the mid-week on March 30th, 2011. You may post random links and off-topic discussions here. Also, if you have an idea or a topic you’d like to see covered in an article, please make it known. Be sure to also check out the forums, and get your word in [...]
Posted in Open Thread | Tagged open_thread
By The Tim on March 29, 2011
Happy Case-Shiller day, everybody. Yes, it’s time once again for us to take a look at the latest data from the Case-Shiller Home Price Index. According to January data, Seattle home prices were: Down 2.4% December to January. Down 6.7% YOY. Down 29.6% from the July 2007 peak Last year prices fell 1.7% from December [...]
Posted in Counties, Statistics | Tagged behind the cycle, California, Case-Shiller, graphs, Statistics
By The Tim on March 28, 2011
Buy low, sell high. It’s the #1 rule of investing. While buying a home is more than just an investment, it is the largest purchase most people will make in their lives, and even if you aren’t hoping to make a pile of easy money buying real estate, it’s still good to follow basic investment [...]
Posted in Features | Tagged bottom-calling, falling-knife
