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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.

Case-Shiller Tiers: Middle Tier Also Hits Double-Digit Drops

Posted on April 27, 2011April 27, 2011 by The Tim

Let’s check out the three price tiers for the Seattle area, as measured by Case-Shiller. Remember, Case-Shiller’s “Seattle” data is based on single-family home repeat sales in King, Pierce, and Snohomish counties. Note that the tiers are determined by sale volume. In other words, 1/3 of all sales fall into each tier. For more details…

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Mid-Week Open Thread (2011-04-27)

Posted on April 27, 2011April 24, 2011 by The Tim

Here is your open thread for the mid-week on April 27th, 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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Case-Shiller: Seattle Home Prices Rewound to June 2004

Posted on April 26, 2011April 26, 2011 by The Tim

Happy Case-Shiller day, everybody. Yes, it’s time once again for us to take a look at the latest data from the Case-Shiller Home Price Index. According to February data, Seattle home prices were: Down 1.9% January to February. Down 7.5% YOY. Down 30.9% from the July 2007 peak Last year prices fell 1.1% from January…

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There is no such thing as “a great time to buy.”

Posted on April 25, 2011April 25, 2011 by The Tim

With home prices off a third or more around Seattle from their hyper-inflated housing bubble levels, interest rates still hovering in the sub-five-percent range, and numerous economic fundamentals indicating a market more balanced than it has been in nearly a decade, has the perennial claim of home salesmen come true? Is now, finally, “a great…

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Monday Open Thread (2011-04-25)

Posted on April 25, 2011April 24, 2011 by The Tim

Here is your open thread for Monday April 25th, 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 the user-driven…

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