Just half a decade after the peak, "Downtown Seattle condos are finally filling up" via http://t.co/oxxTPlQP @SeattleTimes # From the condo article: "Escala's owner… is resigned to losing money on the project. The only question is how much." http://t.co/oxxTPlQP # "Mastro creditors unlikely to recoup more money in near future" http://t.co/7Wxc39VE via @SeattleTimes # Historic…
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: 10,000 New Condos Coming By 2010!
Here’s a delightfully hyperbolic piece from June 2006, about a year before Seattle’s peak pricing (but eight months after sales began declining year-over-year). By this time most of the rest of the country had figured out the boom was over, but remember, Seattle was special! Blaine Weber, half of the big-time local architecture team of…
Weekend Open Thread (2012-05-25)
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 May 25th, 2012. You may post random links and off-topic discussions here. Also, if you have an…
The Mega Spring Bounce of 2012
In order to quantify just how absurd this year’s spring bounce has been, here are a few charts I generated from the single-family home data on Redfin’s region page for King County: Listings continue to drop through the floor. The selection this year really is abysmal. Meanwhile, listing prices are soaring through the roof. They…
Real Actual Listing Photos: “Went to the Bathroom!”
It’s time for another installment of Real Actual Listing Photos. Once a month (or so) I round up some of the most bizarre listing photos from around the Seattle area and post them here, with brief excerpts from the real actual listing description, and probably a bit of snarky commentary. The idea for this series…