NOTE: If you are subscribed to Seattle Bubble’s RSS feed and are seeing these open threads in the feed, please switch to our official feed at http://feeds.feedburner.com/SeattleBubble Thanks! Here is your open thread for the week of May 18th, 2015. You may post random links and off-topic discussions here. Also, if you have an idea…
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.
Reader Question: Is Seattle just for the super wealthy now?
I received the following question this morning from a frustrated home buyer: We recently lost our second offer on a home to a all case buyer. I know that many other buyers have been at this longer than a year and spent far more than we have but before I get to that poverty point…
Around the Sound: Strong Seller’s Market Everywhere
It has been a while since we checked up on stats outside of the King/Snohomish core, so let’s update our “Around the Sound” statistics for Pierce, Kitsap, Thurston, Island, Skagit, and Whatcom counties. This month’s story in a nutshell: Bad news for buyers, great news for sellers. It’s pretty much a terrible time to buy…
Weekly Open Thread (2015-05-11)
NOTE: If you are subscribed to Seattle Bubble’s RSS feed and are seeing these open threads in the feed, please switch to our official feed at http://feeds.feedburner.com/SeattleBubble Thanks! Here is your open thread for the week of May 11th, 2015. You may post random links and off-topic discussions here. Also, if you have an idea…
Median Price May Pass Inflation-Adjusted Peak This Year
As promised, I’ve updated my chart of nominal and real (inflation-adjusted) King County median single-family home prices with data through April. When adjusting into 2015 dollars, the median price peaked at $527,607 in July 2007. April 2015’s median price of $480,000 comes in about 9 percent below that level, and is roughly comparable to where…