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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.

NWMLS: Flat is Still the New Up. Trust Us.

Posted on October 5, 2011November 3, 2011 by The Tim

September market stats were published by the NWMLS this afternoon. Here’s their press release: Northwest MLS brokers say September activity reflects "healthy activity, positive trends" “This market is proving to be challenging, but not for the reasons you might think,” said OB Jacobi, president of Windermere Real Estate Co. He pointed out interest rates are…

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Cheapest Homes: October 2011 Edition

Posted on October 5, 2011 by The Tim

Let’s check in again on the cheapest homes around Seattle proper. Here’s our methodology: I search the listings for the cheapest homes currently on the market, excluding short sales, in the city of Seattle proper. Any properties that are in obvious states of extreme disrepair based on listing photos and descriptions will be excluded. This…

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Mid-Week Open Thread (2011-10-05)

Posted on October 5, 2011October 1, 2011 by The Tim

Here is your open thread for the mid-week on October 5th, 2011. 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 in…

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Conforming Loan Limit Changes to Hit Eastside Hardest

Posted on October 4, 2011October 4, 2011 by The Tim

Full disclosure: The Tim is employed by Redfin. Yesterday over on the Redfin blog, I dug a little deeper into the conforming loan limit changes, pulling detailed sales data from all around the country by zip code to see which areas would be most affected by the change. The result was another Google FusionTables zip…

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Terrible at Math, You Poor, Filthy Renter? YOU CAN OWN!

Posted on October 3, 2011April 8, 2014 by The Tim

I spotted the ad at right on the Seattle Times homepage yesterday. It’s not as patronizing as Quadrant Homes’ old “down payment latte” ad was, but the claim of buying for just $800 a month immediately jumped out at me as unlikely. Running some quick numbers through my Simple Affordability Calculator indicates that to have…

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