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.

Case-Shiller Tiers: More Across the Board Increases in June

Get access to the full spreadsheets used to make the charts in this post by becoming a member of Seattle Bubble. 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 […]

Case-Shiller: Year-Over-Year Gains Stabilizing in June

Case-Shiller: Year-Over-Year Gains Stabilizing in June

Please consider supporting Seattle Bubble by becoming a member. Thanks! 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 1.1% May to June Up 7.4% YOY. Down 5.1% from the July 2007 peak Last year at this time prices rose 1.1% […]

Support Seattle Bubble by Becoming a Member

Support Seattle Bubble by Becoming a Member

As Seattle Bubble marks its ten-year anniversary this month, I’m excited to announce a new program that gives readers the opportunity to directly support my ongoing efforts here: Seattle Bubble Membership.

I’ve put together a membership program with some perks for those who choose to support this site with a modest contribution…

"The Undaunted Spirit" by Lorenzo Ghiglieri

Will a Prolonged Bear Market Slow Seattle Real Estate?

With stocks being hammered across the world since Friday, the price of oil in the gutter, and volatility through the roof, pundits are starting to get somber about the market’s prospects. If we’re in the beginning of a serious bear market, will Seattle’s crazy real estate market finally start to slow? One of the major […]

Will 2015 Be the Bottom for Listings?

Will 2015 Be the Bottom for Listings?

Let’s see how listings have been doing in the last couple months. First up, here’s a look at new listings for just the last month, compared to July of every other year, and the same chart but for the last three months combined: New listings had been recovering somewhat in 2013 and 2014, but this […]

Home Price to Rent Ratio Still Below Bubble Territory

Home Price to Rent Ratio Still Below Bubble Territory

It’s been a while since we took a look at how rents are comparing to home prices in the Seattle area. Both home prices and rents have been climbing quite a bit in the Seattle area lately. We would expect this with a booming local economy, but if home price gains been significantly outpacing rent […]

Eastside Median Price Surges to New High as Sales Shift to Cheap South King County Neighborhoods

Eastside Median Price Surges to New High as Sales Shift to Cheap South King County Neighborhoods

I’ve pointed out for years that geographic shifts can and do affect the median price, so it was nice to see none other than Lennox Scott (CEO of John L. Scott) joining the chorus in a recent Seattle Time’s piece. Lennox Scott, CEO of John L. Scott Real Estate, said the lower price in July […]