About 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.

Most New Listings Being Immediately Snatched Up

A recent commenter had some questions about inventory: …how much of the “low inventory” story is really a story of “high churn”? …it doesn’t seem like there is really a shortage of inventory, but rather that there is a shortage of stale inventory. Would be really curious to see how how new listing rates for […]

Weekly Open Thread (2015-06-29)

NOTE: If you are subscribed to Seattle Bubble’s RSS feed and are seeing these open threads in the feed, please switch to our official feed at http://feeds.feedburner.com/SeattleBubble Thanks! Here is your open thread for the week of June 29th, 2015. You may post random links and off-topic discussions here. Also, if you have an idea […]

How Does Seattle City Councilmember Kshama Sawant Plan to “Make Seattle Affordable for All”?

I drove down to Leschi last weekend, and I saw a surprising number of yard signs promoting the re-election of Kshama Sawant to the Seattle City Council. As you can see in the photo at right (taken from her campaign’s Twitter feed), the slogan on these signs implies that Sawant’s main goal is to “Make […]

Foreclosure Levels Still Just Barely Above Pre-Bust Years

Foreclosure Levels Still Just Barely Above Pre-Bust Years

It’s been a few months since we took a detailed look at foreclosure stats in King, Snohomish, and Pierce counties, so let’s update those numbers. First up, the Notice of Trustee Sale summary: May 2015 King: 306 NTS, down 27% YOY Snohomish: 162 NTS, down 18% YOY Pierce: 279 NTS, down 14% YOY The number […]

Weekly Open Thread (2015-06-22)

NOTE: If you are subscribed to Seattle Bubble’s RSS feed and are seeing these open threads in the feed, please switch to our official feed at http://feeds.feedburner.com/SeattleBubble Thanks! Here is your open thread for the week of June 22nd, 2015. You may post random links and off-topic discussions here. Also, if you have an idea […]

Around the Sound: Misery for Buyers Everywhere

Around the Sound: Misery for Buyers Everywhere

Let’s update our monthly stats for the local regions outside of the King/Snohomish core. Here’s your May update to our “Around the Sound” statistics for Pierce, Kitsap, Thurston, Island, Skagit, and Whatcom counties. Are things any better in the market right now for buyers outside of the core Seattle areas? Unfortunately, not really. It’s still […]

Cheap South King County Sales Slipping

Cheap South King County Sales Slipping

It’s been a few months since we updated our look at how King County’s sales are shifting between the different regions around the county. This data is interesting to keep tabs on since geographic shifts can and do affect the median price. In order to explore this concept, we break King County down into three […]