RT @jontalton: Tues. at 7:30, I'll be at Town Hall Seattle (@THSEA) interviewing @KirstenGrind on her new #WaMu book, "The Lost Bank." # Another big $500k price drop on the seminary campus in Tacoma: http://t.co/Yl8CPu2N # Classy real estate agent ad spotted by a coworker online: http://t.co/7ciNTxCf # Tim quoted in @MarketWatch re: plunging for-sale…
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.
King County Home Prices & Affordability 1950 – Q2 2012
A reader pointed out to me this week that it has been three years since I updated the long-term chart of King County home prices back to 1950. So, by request, here is an update to that chart as of May, along with the affordability index over the same time period. In the first quarter…
Weekend Open Thread (2012-06-29)
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 June 29th, 2012. You may post random links and off-topic discussions here. Also, if you have an…
Local Housing Oversupply Finally Shrinks Slightly in 2012
It’s been two years since we last took a look at the local housing oversupply. This week the Washington State Office of Financial Management released their 2012 population and housing supply estimates, so let’s update those charts. Here’s an updated chart of housing supply (total housing units) and demand (total households) for the 3-county Puget…
Case-Shiller Tiers: Low Tier Finally Gets a Boost
Let’s check out the three price tiers for the Seattle area, as measured by Case-Shiller. Remember, Case-Shiller’s “Seattle” data is based on single-family home repeat sales in King, Pierce, and Snohomish counties. Note that the tiers are determined by sale volume. In other words, 1/3 of all sales fall into each tier. For more details…