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.

Case-Shiller: Seattle Price Gains Cooled Slightly in April

Posted on by The Tim

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 2.3% March to April Up 11.2% YOY. Down 13.8% from the July 2007 peak Last year prices rose 2.7% from March to April and year-over-year prices were up 11.4%. Pretty much the…

Weekly Open Thread (2014-06-23)

Posted on by The Tim

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 23rd, 2014. You may post random links and off-topic discussions here. Also, if you have an idea…

Affordable Home Price Inched Up in May

Posted on 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…

Low Rates Keep Seattle Homes Almost Affordable

Posted on 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…