RT @clusterstock: Housing Report That Prompted Nouriel Roubini's Huge Estiamte For Future Losses by @thestalwart http://read.bi/fVU7BI # Accrd. to Trulia & RealtyTrac, "Half of Americans Say Home Recovery at Least Two Years Away" http://bit.ly/gm7kby # Hah, nice headline: "Housing market will recover in 2011 … or not" http://bit.ly/gTg4wu via @RealEstatePI # RT @johnhcook: Looking 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.
Friday Flashback: Seattle’s Housing Bubble All-Star Team
Rather than focus on just one article for today’s Friday Flashback, I thought it would be fun to highlight a montage of brief quotes from a handful of local real estate professionals. Marlow Harris on 360Digest, April 29, 2006: Housing Bubble Babble Though I concede that we could be in for a market correction or…
Weekend Open Thread (2010-12-10)
Here is your open thread for the weekend beginning Friday December 10th, 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…
Cheapest Homes: December Edition
Let’s check in again on the cheapest homes around Seattle proper. Here’s our methodology: I search the listings for the cheapest homes currently on the market, excluding short sales, in the city of Seattle proper. Any properties that are in obvious states of extreme disrepair based on listing photos and descriptions will be excluded. This…
11.5 Million More Foreclosures? Bring Them On!
Jon Talton over at the Seattle Times pointed me toward an interesting paper by Amherst Securities Group titled The Housing Crisis—Sizing the Problem, Proposing Solutions (pdf). Here’s their conclusion (emphasis mine): If governmental policy does not change, over 11.5 million borrowers are in danger of losing their homes (1 borrower out of every 5). Politically,…