"…a bigger problem may turn out to be the millions of Americans who are still faithfully paying their mortgages…" http://lat.ms/bNJ01e # Oh my. Read this. http://bit.ly/9EPfa7 The really great part is in paragraph 5. "Our attractive professional signs…" # via @PSBJ – First credit union shut down in state http://bit.ly/aLAUJB # Interesting story behind a…
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.
October Reporting Roundup: Sinking Ship Edition
It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). First up, let’s have a look at the source material from the NWMLS itself….
Weekend Open Thread (2010-11-05)
Here is your open thread for the weekend beginning Friday November 5th, 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…
NWMLS: Sales Still Down Big YOY, Prices Falling Too
October market stats have been published by the NWMLS. Here’s their press release: Housing Activity Remained Sluggish During October; Market Change Not Likely to be "Light Switch" Moment. Housing activity around Washington state remained lackluster during October, with brokers reporting year-over-year declines in pending sales. On a brighter note, prices on sales that closed last…
Reader Question: Break the Lease, or Find a New Renter?
A reader asked a somewhat offbeat question a couple weeks ago that I think merits some futher discussion. My husband and I are leaving the state for work in the midwest. In April we moved into a underpriced rental house and signed a lease until June 2011 thinking that if we leave the owner would…