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Author: 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.

Poll: Have you or someone you know ever bought or sold a home outside the MLS?

Posted on June 22, 2014June 29, 2014 by The Tim

This poll was active 06.22.2014 through 06.28.2014

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Affordable Home Price Inched Up in May

Posted on June 20, 2014June 20, 2014 by The Tim

As promised in this morning’s affordability post, here’s an updated look at the “affordable home” price chart. In this graph I flip the variables in the affordability index calculation around to other sides of the equation to calculate what price home the a family earning the median household income could afford to buy at today’s…

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Low Rates Keep Seattle Homes Almost Affordable

Posted on June 20, 2014June 20, 2014 by The Tim

Let’s take a look at how affordability is doing in the Seattle area after the last couple months of changes in home prices and interest rates. So how does affordability look as of May? Thanks to the spring surge in home prices, we’ve dropped back below the “affordable” level of 100. The index sits at…

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Around the Sound: More Listings, Fewer Sales

Posted on June 18, 2014June 18, 2014 by The Tim

It’s time for us to check up on stats outside of the King/Snohomish core with our “Around the Sound” statistics for Pierce, Kitsap, Thurston, Island, Skagit, and Whatcom counties. If there is certain data you would like to see or ways you would like to see the data presented differently, drop a comment below and…

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Foreclosures Inched Up Just Barely in May

Posted on June 17, 2014June 17, 2014 by The Tim

It’s time for our detailed look at March’s foreclosure stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: May 2013 King: 425 NTS, down 36% YOY Snohomish: 197 NTS, down 54% YOY Pierce: 323 NTS, down 41% YOY The number of trustee sale notices is still falling fast from…

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