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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.

Open House Traffic is Serious Business.

Posted on April 2, 2010July 10, 2010 by The Tim

Posted a few hours ago on the Seattle Times: Realtors hold a special open-house weekend April 10-11 Anybody care to explain: A) Why REALTORS™ still get free advertising like this from local newspapers, even after years of crap like this (pdf “fact sheet” from 2006)? B) What the heck is that photo supposed to have…

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March Stats Preview: Sudden Foreclosure Spike Edition

Posted on April 2, 2010April 2, 2010 by The Tim

Now that March is behind us, let’s have a look at our monthly stats preview. Most of the charts below are based on broad county-wide data that is available through a simple search of King County Records. If you have additional stats you’d like to see in the “preview,” drop a line in the comments…

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Weekend Open Thread (2010-04-02)

Posted on April 2, 2010April 1, 2010 by The Tim

Here is your open thread for the weekend beginning Friday April 2nd, 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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New Data Conclusively Proves April 2010 Is The Bottom

Posted on April 1, 2010April 1, 2010 by The Tim

Just-released data on open house traffic, phone calls placed to realtors, and casual searches at online listing sites, all point to a single, undeniable conclusion: April 2010 is the bottom of Seattle’s minor real estate adjustment. Look at this highly reliable chart of OPEN HOUSE TRAFFIC©®™ sent to me by a trustworthy leading industry representative:…

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Case-Shiller Tiers: All Three Tiers Hit a New Low

Posted on March 31, 2010 by The Tim

Let’s check out the three price tiers for the Seattle area, as measured by Case-Shiller. Remember, Case-Shiller’s “Seattle” data is based on single-family home repeat sales in King, Pierce, and Snohomish counties. Note that the tiers are determined by sale volume. In other words, 1/3 of all sales fall into each tier. For more details…

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