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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.

Foreclosures Spike Back Up in June, Nearly Matching Highs

Posted on July 15, 2010October 28, 2010 by The Tim

Let’s expand on our preview of foreclosure activity with a more detailed look at June’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: June 2009 King: 1,378 NTS, down 14.7% YOY Snohomish: 746 NTS, down 8.7% YOY Pierce: 811 NTS, down 22.8% YOY Here’s your interactive Tableau dashboard…

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Bank Foreclosure Losses exceed 20% in Snohomish Co.

Posted on July 14, 2010July 14, 2010 by The Tim

I recently finished an analysis of public records in Snohomish County in which I pulled up every single Trustee Deed (i.e. – bank foreclosure) issued by a particular bank over roughly the past year (June ’09 – May ’10). The bank in question is one of the top twenty largest banks in the country (ranked…

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Some Noteworthy Personal News…

Posted on July 14, 2010May 24, 2012 by The Tim

Well, it finally happened. You knew it was coming eventually. Yes, that’s right. The Tim is now officially on the payroll of the real estate industrial complex. No, I didn’t break down and become a real estate agent (but don’t think I haven’t thought about that in the past). Last Thursday, yours truly started a…

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Mid-Week Open Thread (2010-07-14)

Posted on July 14, 2010July 12, 2010 by The Tim

Here is your open thread for the mid-week on July 14th, 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…

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Housing Oversupply Increased Yet Again 2009-2010

Posted on July 13, 2010July 12, 2010 by The Tim

It’s been exactly a year since we last took a look at the local housing oversupply, and since the Washington State Office of Financial Management released their 2010 population and housing supply estimates a few weeks ago, I think it’s high time we took another look. Here’s an updated chart of housing supply (total housing…

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