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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.
Site Migration Note
FYI, I’m migrating the site to a new server right now, so if things are not working, or only partly working, that’s probably why. Also, I’m updating the theme to the latest version. You can now reply to comments directly. Current known issues: Forums totally broken. Inventory tracker not updating. “Recent On-Topic Forum Posts” sidebar…
2008 Real Estate Market In Review
The local papers ran some new stories yesterday about the 2008 full-year report from the NWMLS (pdf). I thought the story would be better conveyed through a few simple charts.
Official Word on Microsoft Layoffs: 1,400 Now, 5,000 Total
Here’s the official word on the long-rumored layoffs at Microsoft, courtesy Todd Bishop at TechFlash: Microsoft this morning announced earnings well below its previous estimates and said it will be cutting 5,000 jobs over the next 18 months to adjust to the new economic reality, including 1,400 positions today. The company isn’t saying how many…
Puget Sound Counties December Update
Let’s check in on the NWMLS statistics from around the sound. Here’s where the YOY stats stand for each of the six counties as of December 2008: (Note: The “Sales” data below represents pending sales, not closed sales.) King – Price: -7.2% | Listings: +6.4% | Sales: -16.1% | MOS: 9.6 Snohomish – Price: -11.2%…