Nice overview of the non-financial factors that come into play for rent-vs-own at @GRSBlog http://t.co/COr3s263 # .@BBCNews: "US homeowners stuck in houses that may never recover value" http://t.co/mfreM6Yk Yup. # Behold the housing ATM at its best: Bought for $197k in 1997, now a short sale at $519k. http://t.co/9aYjGj7u # "Housing Authority official quits over…
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.
Mapping Unemployment: Washington 15th Worst in USA
Wednesday afternoon the front page of the Seattle Times website featured the following story about how Washington State’s unemployment rate compares to other states: It’s no secret that the economy, in Washington and across the nation, is struggling. …Are we really doing that much worse than most everybody else? Pretty much, although some explanation is…
Weekend Open Thread (2012-08-10)
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 weekend beginning Friday August 10th, 2012. You may post random links and off-topic discussions here. Also, if you have an…
Foreclosures Spiking Around Seattle
It’s time once again to expand on our preview of foreclosure activity with a more detailed look at July’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: July 2012 King: 977 NTS, up 33.7% YOY Snohomish: 470 NTS, up 15.5% YOY Pierce: 509 NTS, up 20.3% YOY And…
Migration into Washington on the Mend
The Office of Financial Management recently emailed me their latest annual migration data, which shows the first increase in new residents moving into the state since 2006: After a paltry 6,055 people moved to Washington between April 2010 and April 2011, the pace has picked up this year, reversing a five-year trend and mostly catching…