Good news everyone! The latest population estimates for King County have been released by the Census Bureau, and at the present rate of population growth, we’ll be able to use up all of our excess housing inventory by July of next year… …if all residential construction across the county completely ceased after July 2008, that…
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.
The Stranger on Seattle’s Empty Condos
Here’s a great article on the vacant condo situation in Seattle in general and Ballard specifically from The Stranger’s Dominic Holden: Nobody’s Home “I think that there was some overanticipated demand that was probably not real,” says Matthew Gardner, a land-use economist and principal of real-estate analysis firm Gardner Johnson. He notes that, given the…
Local Unemployment Nearly on Par with National Rate
Washington State’s latest unemployment statistics came out yesterday, and King County came in with a staggering 8.0% unemployment rate. To put this in context, I created the following graph, which charts local unemployment back to 1990 (as far as I can locate data), and compares it to the nationwide unemployment rate as well as “official”…
Mid-Week Open Thread (2009-03-18)
Here is your open thread for the mid-week on March 18th, 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…
Queen Anne Condo Conversion Checkup: 2 Years Later
I was looking through some old posts on here and came across one from November 2006 by Synthetik titled God Save the Queen. In it, he linked to an Aubrey Cohen piece about a developer converting two apartment buildings on lower Queen Anne to condos. Let’s check in and see how those conversions are doing,…