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 Home Prices Shot Up in March

Posted on by The Tim

Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to March data, Seattle-area home prices were: Up 3.0% February to March Up 10.6% YOY. Down 24.5% from the July 2007 peak Last year prices rose 1.7% from February to March and year-over-year prices were down 1.3%. There’s the big…

Weekly Open Thread (2013-05-27)

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 May 27th, 2013. You may post random links and off-topic discussions here. Also, if you have an idea…

Weekly Twitter Digest (Link Roundup) for 2013-05-24

Posted on by The Tim

"China’s wealthy paying cash for Eastside luxury homes" http://t.co/XoFiIAk5X2 via @seattletimes -> "Nowhere is suburbanization of poverty more evident than in South King County…" http://t.co/gL4azWoiaK All the foreclosures make sense. -> "Transit-oriented development gaining speed in Puget Sound area" http://t.co/mVqwKfJU7H via @PSBJ -> "Price tag of Bellevue Collection’s expansion will exceed 2012’s top real estate…

Low Rates Prop Up the Affordable Home Price

Posted on by The Tim

As promised in yesterday’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 mortgage…