With the increasing disparity between pending and closed sales, using “Months of Supply” as it is traditionally calculated to provide a measure of market “strength” is becoming more and more misleading. In order to address this issue, I have devised a new measure of market vitality: Seasonally Adjusted Active Supply (SAAS). To determine the SAAS,…
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.
Reminder: Robert Shiller at SPU Today at 1PM
Don’t forget that Robert Shiller (yes, the Shiller in the Case-Shiller Home Price Index—which comes out again tomorrow) will be speaking at Seattle Pacific University today from 1:00 PM to 2:45 PM. The event is free and open to the public. Hit the SPU website for more info. I will be attending the afternoon session…
Monday Open Thread (2009-04-27)
Here is your open thread for Monday April 27h, 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 the user-driven…
Poll: How much of a discount have you negotiated in your rent?
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 05.02.2009.
Reader Negotiates 25% Rent Discount from Equity Residential
I received this rental negotiation success story from a reader via email, and thought it was worth sharing: As a long time reader of your Seattle Bubble Blog, I knew that rents on their way down in King county. My Equity Residential owned apartment building in Redmond has experienced some huge increases in recent years,…