The following is a blatantly-copied press release for an upcoming community event that I am (very loosely) involved in the organization of. Download the event flyer here (pdf), and spread the news to anyone you know that is interested in the future of journalism in Seattle (and elsewhere). Obviously I give the traditional fish wrap…
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.
Friday Link Roundup: Slow Sales, Foreclosures, Deceptive Stats
Got a bunch of things to share with everybody that have built up over the past week, so let’s just get right into it. First up, a couple of stories that take a look at the big picture local numbers… Aubrey Cohen, Seattle P-I: Washington sees nation’s largest drop in sales Patricia Murphy, KUOW: Bad…
Puget Sound Foreclosures Set New Records in January
Here’s your January update on Foreclosure activity in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: January 2008 King: 915 NTS, up 113% YOY Snohomish: 463 NTS, up 95% YOY Pierce: 681 NTS, up 69% YOY First let’s look at the percentage of households that received a Notice of Trustee…
$15k Tax Credit On the Chopping Block
It looks like the $15,000 homebuyer tax credit may not make it into the final “stimulus” plan after all… From the AP: Working to accommodate the new, lower overall limit of the bill, negotiators effectively wiped out a Senate-passed provision for a new $15,000 tax credit to defray the cost of buying a home, these…
Crash Comparisons: Job Losses & Dow Jones
House Speaker Nancy Pelosi recently posted an alarming chart of job losses that has been making the rounds. What jumps out to me when I look at her chart is the fact that the y-axis shows raw number of jobs rather than a percentage loss, and therefore fails to account for the increased size of…