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…
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.
Still a “Buyer’s Market” in Many Neighborhoods
Time for another update on the various neighborhoods around King County. First up is a map of SAAS across King County: SAAS Dash Powered by Tableau Only three areas were strongly in “seller’s market” territory in April (SAAS <1.75), while twelve were still relatively strong “buyer’s markets” (SAAS >2.25). The remaining fifteen markets were more…
Mid-Week Open Thread (2010-05-19)
Here is your open thread for the mid-week on May 19th, 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…
Checking in on SKYROCKETING Interest Rates
Good thing we panicked last month about the mind-blowing 0.3-point jump in interest rates. The era of record-low mortgage rates is over. The average rate on a 30-year loan has jumped from about 5 percent to more than 5.3 percent in just the past week. As mortgages get more expensive, more would-be homeowners are priced…
Real Actual Listing Photos: Take 1
I’m going to take another shot at a new regularly-occurring column: Real Actual Listing Photos. The idea is once a month I’ll 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…