Hah! Builder "calculator" aims to "open the eyes of home shoppers to the 'dark side' of foreclosures" http://t.co/FjwOyURz via @SeattleTimes # False claim in that article: That buyers of foreclosures purchase "typically with no professional inspection." http://t.co/FjwOyURz # Random: "The Bronson Pinchot Project" a TV show where he restores old homes. (We share a birthday!)…
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.
Buy vs. Rent: A Real Life Pre-Peak Example
I thought it might be interesting to dig into a real life example of just how much money a bubble-believing home buyer would have lost by purchasing a home during the insanity of the housing bubble in Seattle. What better example to use than our favorite Ballard home that just sold? Wherever possible I’ll be…
Weekend Open Thread (2012-02-24)
Here is your open thread for the weekend beginning Friday February 24th, 2012. You may post random links and off-topic discussions here. Also, if you have an idea or a topic you’d like to see covered in an article, please make it known. Be sure to also check out the forums, and get your word…
Guess the Price Round 3: We Have a Winner!
Recall the price-guessing contest posted to these pages on November 8th: Guess the Price Round 3: A Familiar Ballard Home Today’s “Guess the Price” guest star is 7310 19th Ave NW in Seattle. With a current asking price of $437,000, this home has been on the market for 10 days, and is neither bank-owned nor…
Bottom-Calling Checkup: Finally Almost There
Full disclosure: The Tim is employed by Redfin. It’s been quite a while since we checked in on the various bottom-calling methods I introduced way back in February 2009, so let’s take a look. First off, here’s the official forecast I made in my wrap-up post: So my personal bottom call for the Seattle real…