Weekly Twitter Digest (Link Roundup) for 2011-12-03

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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. Tim also hosts the weekly improv comedy sci-fi podcast Dispatches from the Multiverse.

12 comments:

  1. 1

    I posted this in the Weekend thread, but it would have gone better here–a story on the effect of bankruptcy and foreclosure on future financing.

    http://seattletimes.nwsource.com/html/realestate/2016888930_realpostforeclosure04.html

  2. 2
  3. 3

    North Pacific Properties didn’t mean that they were the favorite real estate web search site for the people looking for Seattle homes. They meant that it was the favorite real estate web search site for Bob Seattle, who just happens to be the broker’s brother in law, and is no relation to Chief Seattle..

  4. 4
    Scotsman says:

    I call this “The Bear Den.” Little risk of further price declines, and if it does, so what. Pay cash now!

    http://tinygreencabins.com/

    Click the first vid to learn what you already know- the rich are responsible for all evil in the world. Here’s one guy’s solution. And he even looks like a bit ‘o the bear!

  5. 5
    David Losh says:

    RE: Scotsman @ 4

    I really like that guy. It’s a great concept, but is only half the story. Here in Seattle we are allowed 800 sq ft? in the back yard. What the city doesn’t like is mobile homes. We got a double wide permitted in Greenwood, but that trend never caught on. The little house was set all the way to the back of the property, and the double wide was permitted for the front.

    We really are going to need all of these housing units while the Real Estate market place corrects.

  6. 6
    CCG says:

    “Lumen Condo Once $449,900, Priced At $188,987”

    Now that’s impossible. Bubbles are for bathtubs.

    Speaking of which, I met a guy yesterday who was renting at Riverwalk and just escaped. First thing he did in his new place was look for mold (he’s an expert now). His landlord owned not one, but two units at Riverwalk. They were his retirement.

  7. 7
  8. 8
    ChrisM says:

    RE: Scotsman @ 4 – If this is what I think it is, the wheels are to avoid the “permanent structure” label, to avoid zoning issues. There are a few others doing similar things. I think there’s a real future for significantly smaller homes (sub 1000 sq ft) esp as the baby boomers downsize.

    Clark County is actually exploring permitting something similar: cottage homes – defined as “a grouping of small single-family dwellings clustered around a common area and developed with a coherent plan for the entire site.”

    See page two of http://www.roc.clark.wa.gov/documents/batch5-PChrgAttachmentA.pdf if you really care.

    It is a pretty cool concept, and hopefully will turn out better than the current high density infill garbage we see now.

    The prices for the guy you linked to seem pretty steep – I wonder how single-wides compare? Again, he’s able to skirt zoning restrictions with his wheels. I wonder if counties will eventually succumb and allow mobile homes? Why the stigma, if we’re really after affordable housing?

  9. 9
    Cheap South says:

    RE: ChrisM @ 8

    There is a company (two women) in Oregon that will teach you how to build your tinny home. This movement is getting more visible. What up to a few years ago was seen as an underground “anti-consumerism” wacko movement; since the crisis in 2008 is starting to sound more reasonable. Of course, the people that trump each other on black friday are not on the same page yet.

  10. 10
    whatsmyname says:

    By CCG @ 6:

    “Lumen Condo Once $449,900, Priced At $188,987”

    Now that’s impossible. Bubbles are for bathtubs..

    Location, Location, Location. There has always been a huge price differential between
    -the hot trendy neighborhood with unlimited potential and a short walk to to great jobs, and
    -the grotty, paved over, semi-industrial neighborhood you don’t really want to walk in.

  11. 11
    Scotsman says:

    RE: ChrisM @ 8

    I also think there’s huge potential- and a lot of solutions- in the tiny house or backyard house movement. But getting through the zoning issues won’t be easy. Being able to put older parents, siblings, rental income, etc. in your yard at a cheap price takes from too many who already have an interst in maintaining the current status. Apartment owners/builders, nursing homes, etc. have too much to lose.

  12. 12
    whatsmyname says:

    RE: Scotsman @ 11
    Scotty,
    Don’t tell me that you’re going to make your mom climb that ladder to the loft each night.

    But I do like the concept of the backyard house, (or casita, as we like to call it).

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