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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.

Weekly Open Thread (2013-07-15)

Posted on July 15, 2013July 14, 2013 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 July 15th, 2013. You may post random links and off-topic discussions here. Also, if you have an idea…

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Poll: Which will be the best investment over the next 10 years?

Posted on July 14, 2013July 21, 2013 by The Tim

This poll was active 07.14.2013 through 07.20.2013

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Non-Distressed Median Price Surged Again in June

Posted on July 12, 2013July 12, 2013 by The Tim

As promised earlier this week, it’s time to check up on median home sale prices broken down by distress status: Non-distressed, bank-owned, and short sales. As of June, the non-distressed median price for King County single family home sales sits at $460,000, up 7.0% from a year earlier and up 4.3% from May. Last year…

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Foreclosures Fall Below 2012 Levels in King & Snohomish

Posted on July 11, 2013July 11, 2013 by The Tim

It’s time for our detailed look at June’s foreclosure stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: June 2013 King: 584 NTS, down 9% YOY Snohomish: 349 NTS, down 10% YOY Pierce: 506 NTS, up 24% YOY Just as predicted, we’ve started to flip to year-over-year declines. This…

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Interest Rate & Price Increases Quickly Killing Affordability

Posted on July 10, 2013July 10, 2013 by The Tim

With the dramatic increase in mortgage interest rates that we’ve seen over the last few weeks, I thought that it now would be a good time to take another look at what the affordability numbers look like. As a reminder, the affordability index is based on three factors: median single-family home price as reported by…

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