"Empty, foreclosed houses burden cities, neighborhoods" http://t.co/rA7jTw8u via @seattletimes # RT @WaLawRealty: FIRPTA, a federal tax law applied to buyers but routinely ignored. Comply or you may owe the IRS big. http://t.co/3vB0Nzzf # Amazon to buy Denny Triangle property; plans 3 big office towers http://t.co/1gmCiryP via @SeattleTimes # First good (well, less bad, really) state…
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.
Reader Question: Sell Now, or Rent It & Wait?
I received the following email from a reader: I am relocating out of the country and trying to understand if it is better for me to sell the house now or rent it for a few years and then sell. I bought the house 7 years ago and I think I can sell it for…
Weekend Open Thread (2012-02-17)
Here is your open thread for the weekend beginning Friday February 17th, 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…
Official King Co. Economic Forecast Cites Seattle Bubble
Apparently Tom Goodwin, King County’s Chief Economist and head of the Office of Economic and Financial Analysis is a Seattle Bubble reader, citing my chart of the decline from peak in Seattle’s Case-Shiller tiers in a recent presentation to the Regional Policy Committee (be patient, the video takes a little while to load): You can…
Foreclosures Ticked Up Slightly in January
It’s time once again to expand on our preview of foreclosure activity with a more detailed look at January’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: January 2012 King: 417 NTS, down 55.1% YOY Snohomish: 235 NTS, down 50.9% YOY Pierce: 282 NTS, down 48.3% YOY Still…