I’ve been hearing a few familiar clichés on the radio recently… “Tired of setting your money on fire every month?” “Stop throwing away your money renting!” Maybe you thought that the dramatic and decisive collapse of the housing bubble would have rid us of this type of nonsense marketing. Well, you thought wrong. The twist…
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.
Local Unemployment Still Over Nine Percent
October unemployment info was released by the Washington State Employment Security Department this week, so here’s a shot of the Seattle area (King/Snohomish) unemployment rate (NSA) compared to the national U3 rate: According to their data, the Seattle area has shed 66,600 jobs in the last year, while adding 42,320 people to the labor force.
Zillow: Homeowners in the West “Continue to be Overly Optimistic”
Zillow’s latest “Homeowner Confidence” survey came out yesterday, and as usual, provides an interesting look into the psychology of the market. …in the hardest-hit region of the country, the Western states, homeowners continued to be overly optimistic when evaluating the value of their own homes. Nationwide, when asked about their own home’s value over the…
Mid-Week Open Thread (2009-11-18)
Here is your open thread for the mid-week on November 18th, 2009. 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…
October Seasonally-Adjusted Active Supply by Neighborhood
Let’s check in on our October monthly neighborhood update to Seasonally-Adjusted Active Supply (SAAS). For an explanation of what seasonally-adjusted active supply is, please refer to this post. Also, you may view a map of the areas discussed in this post. As usual, the sweet interactive data visualizations (new and improved!) in today’s post come…