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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.

March Reporting Roundup: Lack of Inventory Edition

Posted on April 7, 2014April 7, 2014 by The Tim

Well, obviously I failed at making time to get this done on Friday, but that doesn’t mean we’re going to skip our monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats…

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Weekly Open Thread (2014-04-07)

Posted on April 7, 2014April 7, 2014 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 7th, 2014. You may post random links and off-topic discussions here. Also, if you have an idea…

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NWMLS: Housing Market Continued to Soften in March

Posted on April 4, 2014April 4, 2014 by The Tim

March market stats were published by the NWMLS yesterday. Here’s a snippet from their press release: NWMLS brokers report mixed results for March, but suggest only lack of inventory is holding back sales. Northwest Multiple Listing Service brokers reported rising prices on fewer sales during March compared to a year ago, citing inventory shortages as…

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Seattle-Area Unemployment at Late 2008 Levels

Posted on April 3, 2014April 3, 2014 by The Tim

Let’s have a look at the jobs data for February and how the Seattle area’s unemployment rate and approximate labor participation rate alongside the national numbers. In February the Seattle area’s unemployment rate hit its lowest level since September 2008 at 5.1%. The national unemployment rate is still a bit higher at 6.7%, also roughly…

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March Stats Preview: Slumping Sales Edition

Posted on April 1, 2014April 1, 2014 by The Tim

With March now behind us, let’s have a look at our monthly stats preview. Most of the charts below are based on broad county-wide data that is available through a simple search of King County and Snohomish County public records. If you have additional stats you’d like to see in the preview, drop a line…

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