Was the Kirkland Mansion grab just a publicity stunt to promote a shady housing scam operation? Maybe. http://is.gd/cWA2X # via Mish: "HAMP" Program a Failure; Another Huge Wave of Foreclosures Coming http://is.gd/cY4gS # RT @mattgoyer: Redfin's writing a guide to getting pre-approved and understanding financing. We'd love feedback: http://bit.ly/9XPooE # Interesting article in @PubliColaNews about…
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.
Does anyone pursue actual home ownership anymore?
I’m hoping the readers of Seattle Bubble can help me out with something. First, a little background on my perspective. My parents bought their first house in 1987, when they were about 30 years old. They paid $45,000 for the modest 1,288 square foot, 3-bedroom, 1.75-bath house pictured below. They refinanced once in the ’90s…
Weekend Open Thread (2010-06-25)
Here is your open thread for the weekend beginning Friday June 25th, 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…
Interest Rates Hit All-Time Lows: Scare Tactics in 3…2…1…
Various sources are reporting that mortgage rates have fallen to their lowest point ever this week, with the average 30-year fixed-rate loan priced at a paltry 4.69%. Of course, you know what that means… As soon as rates start to climb a few tenths of a percentage point, we will no doubt be subjected to…
Real Actual Listing Photos: Multi-Million-Dollar Edition
Time for another installment of Real Actual Listing Photos. Once a month (or so) I round up some of the most bizarre listing photos from around the Seattle area and post them here, with brief excerpts from the real actual listing description, and probably a bit of snarky commentary. The idea for this series stems…