Here is your open thread for the weekend beginning Friday July 17th, 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…
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 Foreclosures Skyrocketed Even Higher in June
Time for our June update on Foreclosure activity in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: June 2009 King: 1,615 NTS, up 180% YOY Snohomish: 817 NTS, up 190% YOY Pierce: 1,050 NTS, up 144% YOY Yow. What opened the floodgates in June? 144% to 190% increases YOY? Yikes!…
Construction Jobs Still Contracting Fastest Around Seattle
Latest state unemployment figures came out yesterday. Here’s a brief look. Seattle area’s (King/Snohomish) unemployment rate (not seasonally adjusted): And here’s a graph that I created for Sound Housing Quarterly, which shows the percentage change year-over-year in various job categories, also for King/Snohomish:
Mid-Week Open Thread (2009-07-15)
Here is your open thread for the mid-week on July 15th, 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…
Some Luxury Condo Developers Finally Dropping Prices
Another great story in the Seattle Times today by Eric Pryne: Bellevue Towers, other new condo projects cutting prices The developer of the region’s tallest luxury condo towers says it’s cutting prices an average of 20 percent in hopes of kick-starting sales. Only 43 of the 539 units at Bellevue Towers in downtown Bellevue have…