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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.

Why are property tax assessments often so inaccurate?

Posted on July 9, 2010July 10, 2010 by The Tim

As a follow-up on last week’s post about how falling home values can still lead to an increasing property tax bill, I thought I would go a little more detail on how the county assessor comes up with that magical home value number on which they base your tax bill. Here’s how the King County…

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Weekend Open Thread (2010-07-09)

Posted on July 9, 2010July 8, 2010 by The Tim

Here is your open thread for the weekend beginning Friday July 9th, 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…

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June Reporting Roundup: Cliff Edge Edition

Posted on July 7, 2010July 7, 2010 by The Tim

Time 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). Unfortunately, the NWMLS’ full press release still hasn’t been posted to their website anywhere that I can…

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

Posted on July 7, 2010July 6, 2010 by The Tim

Here is your open thread for the mid-week on July 7th, 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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NWMLS: Inventory Exceeds 2009 High as Buyers Disappear

Posted on July 6, 2010July 6, 2010 by The Tim

June market stats have been published by the NWMLS. Here’s a link to the NWMLS press release (not yet live as of this posting). Here’s a look at pending and closed sales over the last year and a half: You’ll notice that there’s about a two month delay between when pending sales make a big…

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