I had the privilege last night of moderating a panel discussion about local and national real estate for the Seattle Alternative Investment Association (SAIA). The panel consisted of: Stan Humphries, Zillow Chief Economist Tim Terrill, Chief Operating Officer of Walton Development and Management Karen Weaver, Head of Market Strategy and Research at Seer Capital The…
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.
Schizo Price Drops on Seminary Campus in Tacoma
Some readers may recall this sprawling, 13,000-square-foot mansion for sale on a 9-acre estate down in Tacoma from an earlier post: Northwest Baptist Seminary: For sale in Tacoma As I pointed out to Curbed Seattle last week, the seminary campus recently had a massive $1,000,000 price drop—12.5% off the previous list price of $8,000,000. This…
Mid-Week Open Thread (2011-05-18)
Here is your open thread for the mid-week on May 18th, 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…
Redfin: Sales, Inventory, and Prices All Still Falling
Full disclosure: The Tim is employed by Redfin. Last Wednesday Redfin released their April market data. Here’s an excerpt from the narrative (which I also wrote): “Buyers are excited to start looking for homes,” says Corey St John, a Redfin Capitol Hill Agent, “…until they see what’s available.” By this time of year, the selection…
Guess the Price Contest: We Have a Winner!
Recall the contest posted to these pages on December 14th: Guess the Price & Win Dinner on The Tim Let’s play a new game that I’m calling “Guess the Price.” Here’s how the game works. I’ll describe a home that’s currently on the market, giving you as many pros and cons as I can, and…