Estimated 15% of Seattle mortgage holders underwater: http://is.gd/9YpKo # Seattle is #1 again! (for the biggest rental price drops) http://is.gd/9Ytun [spotted by reader 'see it clearly'] # RT @calculatedrisk: Shiller: Homeownership and American Culture http://bit.ly/9guSou # 2005: Weyerhaeuser buys Federal Way building for $21 million. 2010: They sell it for $8.2 million. http://is.gd/9ZZaW # Ray…
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.
Friday Flashback: “The last spaceship flight off a planet that’s about to explode”
Here’s one of my favorite pre-bursting-bubble gems. It’s an opinion piece that was published in the Seattle P-I on October 20, 2006, penned by guest columnist Sarah McCormic (her website even still features the article as a noteworthy sample of her work). photo by Flickr user jurvetson With friends who have also been lucky enough…
Weekend Open Thread (2010-03-12)
Here is your open thread for the weekend beginning Friday March 12th, 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…
Foreclosures Dip Slightly in February
Time for our detailed look at foreclosure activity for February in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: February 2009 King: 722 NTS, down 13.8% YOY Snohomish: 472 NTS, down 6.5% YOY Pierce: 455 NTS, down 21.3% YOY Here’s your interactive Tableau dashboard updated with the latest foreclosure data:…
Declines in King’s Median Price Softened by Sales Shifts
Yesterday in our discussion about the wide variety of median price changes in neighborhoods around King County, a question came up: How can two thirds of the neighborhoods be experiencing median price declines but the county-wide median is basically flat? This is a phenomenon we have addressed here in the past, but since it has…