September market stats have been published by the NWMLS. Here’s what they have to say about their numbers: "Wise Buyers" Taking Advantage of Chance to Get Stellar Homes. MLS director Pat Grimm, managing broker at Windermere RE/Capitol Hill in Seattle, reports an upsurge in people looking at properties, particularly move-up buyers. He attributes some of…
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.
Strong Emotions on Both Sides of the Housing Bubble
Here are a pair of noteworthy comments from yesterday’s discussion about large price haircuts. photo by Flickr user allyaubry By Guest: 1. What’s up with the sudden popularity of phrases regarding debt and suffering that include the word “haircut.” 2. A “FUN” property? What exactly is “fun” about this situation. How is an inflated “boom-era”…
What’s the Worst Home Price Haircut You’ve Found?
I received the following suggestion from a reader in an email with the subject: “Column Idea: Worst Haircut?” Here’s a fun property: 42905 SE 177th St in North Bend Sold in August 2003 for $570,000, then sold for the insane price of $725,000 in April 2007, only to get taken back by the bank in…
Monday Open Thread (2010-10-04)
Here is your open thread for Monday October 4th, 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: Which type of location do you prefer to live in?
This poll was active 10.03.2010 through 10.09.2010.