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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.
Weekly Twitter Digest (Link Roundup) for 2010-05-22
"Are we going to get rid of the mortgage interest deduction?" I hope so, but I'm not holding my breath. http://is.gd/cdzKq # Another great failed banks visualization over at Mish's – http://is.gd/ceTuk # via @CalculatedRisk – Record 14.69% of Mortgage Loans Delinquent or in Foreclosure http://is.gd/cgeCX # Seattle P-I RE blog headline: "What else is…
Charting How Much Home the Median Income can Afford
A few days ago on my sarcastic interest rates post, Dave0 asked: I wonder what the chart would look like if you graphed out, from 2000 to present, the price someone could afford to buy with the given interest rate at the time (from the graph above), with payments equal to 28% of the median…
Weekend Open Thread (2010-05-21)
Here is your open thread for the weekend beginning Friday May 21st, 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…
Treading Water Between Fear and Desperation
It’s been quite a while since we had a look at the “Cycle of Market Emotions.” The Cycle of Market Emotions Last time, in late 2007 as prices just began to decline here in the Seattle area, I pegged our location on the curve at somewhere between anxiety and denial. Today I’d guess that we’re…