Here is your open thread for the weekend beginning Friday March 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…
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.
A New Year, A New Delusion of Price Recovery
I’ve noticed an interesting trend when looking at weekly home price stats lately. Let’s see if you can spot it in these screenshots from Redfin’s region pages for Seattle, King County, Snohomish County, and Pierce County. Spotted the pattern yet? Here’s a not-so-subtle clue: Nearly every single region I have been looking at has shown…
REO Buyers: Beware of Multiple Offer Sudden Death
If you’ve been out there trying to buy a home lately anywhere outside of central Seattle, Kirkland, Bellevue, and Redmond, chances are pretty high that you’ve encountered more than a few bank-owned (REO) homes in your search. Many of the best deals out there today can be found in REOs, especially if the buyer is…
Mid-Week Open Thread (2011-03-23)
Here is your open thread for the mid-week on March 23rd, 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…
How Are High Condo HOA Fees Justified?
I received the following question about HOA fees and typical maintenance costs from a reader via email: Why are so many condo HOA fees are so high? Alternatively: are the maintenance costs of a small single-family home (SFH) much higher than most people assume, or is the monthly fee of a well-run HOA a great…