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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.

Affordability Declined in Q3 as Housing Market Heated Up

Posted on October 30, 2009January 19, 2010 by The Tim

The latest issue of Sound Housing Quarterly has been published. Sound Housing Quarterly is a subscription-based sister project to Seattle Bubble. Here are a couple of highlights from the third quarter issue. The Real Estate Heat Index (a proprietary index I created that uses supply, demand, and home prices to calculate the general “heat” of…

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Weekend Open Thread (2009-10-30)

Posted on October 30, 2009October 28, 2009 by The Tim

Here is your open thread for the weekend beginning Friday October 30th, 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…

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September Seasonally-Adjusted Active Supply by Neighborhood

Posted on October 29, 2009January 18, 2010 by The Tim

Let’s check in again on our regular 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…

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Boeing Still by Far the Biggest Player in the Puget Sound Economy

Posted on October 28, 2009October 28, 2009 by The Tim

Quick note on the potential impact of a long-term departure of Boeing from the Puget Sound. The Seattle-area economy is definitely more diverse than it was in the ’70s, but Boeing still dominates the employment base by the numbers. A 2003 table from the Greater Seattle Chamber of Commerce shows Boeing employing more people than…

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Case-Shiller Tiers: Sales Mix Still Shifting Slightly Toward High Tier

Posted on October 28, 2009October 28, 2009 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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