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.

Affordability At Pre-Bubble Average Level

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 March? Basically on par with the long-term pre-bubble average. The index sits at 103.5, basically the same as January. An index level…

Nearly One in Four Pending Sales Did Not Close in Q1

Posted on by The Tim

Let’s take a look a the latest data on pending sales volume versus closed sales volume. For this series I roll the pending sales and closed sales data up by quarter, with pending sales offset by one month. In other words, the first quarter numbers below represent pending sales from December, January, and February and…

Weekly Open Thread (2014-04-14)

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 April 14th, 2014. You may post random links and off-topic discussions here. Also, if you have an idea…

Poll: What’s the most important “extra room” to have in a house?

Posted on by The Tim

This poll was active 04.13.2014 through 04.19.2014

Flip, Slide, Build on Capitol Hill

Posted on by The Tim

Here’s an interesting flipping strategy that I haven’t seen before… On Monday I walked by a home 10th Ave East up on Capitol Hill. Here’s what it looked like a while back, via Google Street View: And here’s what it looks like now: The home sold last June for $826,000. So what are the new…