by Flickr user woodleywonderworks The perpetual motto of real estate salespeople that “it’s a great time to buy” is still a load of nonsense. It’s only a great time to buy when your personal finances, your stage in life, and the right home at the right price all come together at the same time. Granted,…
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.
Monday Open Thread (2010-12-27)
Here is your open thread for Monday December 270th, 2010. 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…
Poll: 2011 will have ____ SFH home sales in King Co. than 2010.
This poll was active 12.26.2010 through 01.01.2011.
Weekly Twitter Digest (Link Roundup) for 2010-12-25
Interesting @SeattleTimes article that breaks down some numbers behind foreclosures in King Co. http://bit.ly/i9KYm8 # …be sure to catch the @Tableau interactive w/ Seattle, Baltimore, & Phoenix. http://bit.ly/iiZC92 Lots of refinance foreclosures here. # Sobering article about the nasty-sounding mess the Boeing 787 Dreamliner is still mired in. http://bit.ly/gvGBur "manufacturing hell" # Interesting news on…
Analyze a “Below-Market” Deal: Historic Pricing
Our final method for determining whether or not a home is a good deal is to compare the current asking price to the historic sale prices of the same home during pre-bubble years. The simplest method is to find the oldest sale record available for the home and compare the total percentage gain from that…