Talk about the global and national economy to your heart’s content, as much as it takes to get it out of your system so the rest of the site can stick to real estate and housing. For previous economic open threads, click here. As of 09/07/2010, global economic comments that do not directly relate to…
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.
Weekly Twitter Digest (Link Roundup) for 2011-04-30
The @SeattleTimes tries to explain why property taxes go up when home values decline. http://is.gd/Do1WYn # Extreme housing affordability: Living in a rowboat under the 520 bridge. http://is.gd/Ik35Rk on @SeattleTimes via @CurbedSeattle # via @SeattleTimes – "Mastro agrees to $7.1 million judgment" http://is.gd/ysW25c # Nice homes selling fast does not necessarily mean "the market is…
Claim: Seattle Real Estate Market Suddenly Heating Up
Full disclosure: The Tim is employed by Redfin. Wednesday afternoon, Redfin CEO Glenn Kelman posted an interesting story on Redfin’s Seattle blog: "Everything Changed in the Past Six Weeks" Bryon Ziegler, part of Redfin’s crack Capitol Hill team, just wandered into my office to talk about bidding wars. The last ten straight offers he has…
Weekend Open Thread (2011-04-29)
Here is your open thread for the weekend beginning Friday April 29th, 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…
Seattle Home Prices Average 4% Annual Gains Since 1990
I updated my chart that compares the gains in Seattle’s Case-Shiller Home Price Index with consistent annual increases at various levels, and noticed that for the first time since 1997, home prices dropped below the level of 4% annual gains since 1990. I’ve also added a plot of the Consumer Price Index for the Seattle…