[66 units of] "Affordable housing to continue at Northgate Apartments site" http://t.co/AMdeYKNu via @SeattleTimes # That's no cruise ship. It's a luxury condo! http://t.co/7efQYfCV http://t.co/zibBKOHE # Short writeup with a bunch of closer exterior photos of "The World" floating condos from @RealEstatePI http://t.co/HfbpYhOf # RT @NickTimiraos: The U.S. housing bust is over http://t.co/fKTRisF0 via @davidmwessel…
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.
Friday Flashback: Expect prices to “go quite a bit higher.”
Here’a a great gem that was posted on Rain City Guide in April 2006 by Chuck Reiling: Are We Brewing A Bubble In Seattle? Probably the most frequent single question I get as a realtor from my friends and clients and contacts is “Are we in a real estate bubble?” …there are two kinds of…
Weekend Open Thread (2012-07-13)
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 July 13th, 2012. You may post random links and off-topic discussions here. Also, if you have an…
Foreclosures Keep Creeping Back Up
It’s time once again to expand on our preview of foreclosure activity with a more detailed look at June’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: June 2012 King: 645 NTS, down 30.2% YOY Snohomish: 388 NTS, down 16.2% YOY Pierce: 407 NTS, down 25.3% YOY Still…
Your (Mortgaged) Home is Not an Investment
In late June’s post where I plotted the long-term trend of inflation-adjusted local home prices, there was some disagreement with my snarky insinuation that zero real appreciation over thirteen years (1999 to 2012) represents a lousy investment. As one reader correctly pointed out, the stock market’s total non-inflation-adjusted return over the same time period is…