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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.
Cheapest Seattle Homes: April Edition
Today we’re going to kick off a new feature here that will (hopefully) provide another, more “down to earth” way to track the Seattle-area housing market. Charts and graphs are great, but I think we can also get a picture of what’s going on in the market by looking at what your money can actually…
Weekend Open Thread (2009-04-03)
Here is your open thread for the weekend beginning Friday April 3rd, 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…
Seattle Homes Still 10-20% Overpriced Compared to Rents and Incomes
Inspired by this post from Rich Toscano down in San Diego showing that home prices there have reached historically reasonable levels when compared to rents and incomes, I thought I would put together some similar charts for Seattle to see how close we are to reasonable home prices. Here’s the chart for home prices to…
Case-Shiller Tiers: Year-over-year Declines Rapidly Approach 20%
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. First up is the straight graph of the index from January 2000 through January 2009. All three tiers continued their steep declines in…