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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.

Cheapest Homes: November 2013 Edition

Posted on November 7, 2013November 7, 2013 by The Tim

Let’s check in again on the cheapest homes around Seattle proper. Here’s our methodology: I search the listings for the cheapest homes currently on the market, excluding short sales, in the city of Seattle proper. Any properties that are in obvious states of extreme disrepair based on listing photos and descriptions will be excluded. This…

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October Reporting Roundup: Denying the Trend Edition

Posted on November 6, 2013November 6, 2013 by The Tim

It’s time once again for the 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 your boat). To kick things off, here’s an excerpt from the NWMLS press release: Home sales…

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NWMLS: Listings Up From 2012, Pending Sales Down

Posted on November 5, 2013November 5, 2013 by The Tim

October market stats are now available from the NWMLS. Here’s a snippet from their press release: Home sales "pause" with government shutdown, but brokers mostly bullish on market recovery. Home sales “paused” during October but prices continued to rise, according to the latest statistics from Northwest Multiple Listing Service. Commenting on year-to-date totals for 2013…

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Undocumented Shadow Inventory Scarce in King County

Posted on November 5, 2013November 5, 2013 by The Tim

Don’t worry: This will be my last post about the shadow inventory issue for quite some time. In last Friday’s post about shadow inventory, “Haybaler” shared a great link in which Calculated Risk reported LPS delinquency data for September. This data addresses the main complaint some of you have raised about my previous analysis of…

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October Stats Preview: Inventory Up Year-Over-Year Edition

Posted on November 4, 2013November 4, 2013 by The Tim

With the month of September now in the history books, let’s have a look at our 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…

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