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.

4 responses to “Redfin: Slow Sales, Little Heat in Seattle’s Housing Market”

  1. softwarengineer

    Interesting Color Chart’s Results

    Practically everything in the Seattle area is cool to dismal….

    I know a way to brighten up the real estate color code areas….denial, let’s all go into denial.

    SWE does it a lot lately, its therapeautic.

    Perhaps we need to put more emphasis on rental properties and $1000/mo SFHs with multiple tennant offers….a lot of these landlords bought underwater and filling their units keeps the debt crisis can kicked down the road….

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  2. Urban Artist

    I was just looking on Redfin and in the areas I am looking almost everything is pending. I’m looking in Ballard,Magnolia, Greenlake, and Roosevelt/Ravenna. I guess that is the hot area. Prices aren’t budging much either. Why all the pendings all of a sudden? Are the low interest rates getting more people off the fence? Or is that people can’t take renting anymore and are taking the plunge? I’m in that latter group.

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  3. dscott

    UA,
    We spent part of the weekend looking at homes on the east-side outskirts and found that many if not most of the interesting homes were pending and/or short sales. While less frustrating then watching prices climb by the hour, it ranks pretty high …

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  4. Drone

    Ah Greenlake. Perhaps I shall never afford you…

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