Thanks to the generosity of over 70 readers, the Seattle Bubble Fundraising Drive has finally come to completion, reaching the goal of raising $2,500. I just wanted to take a moment to extend a big thank you to everyone that donated. Your financial contributions allow me to continue operating this site, providing an independent alternative…
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.
Poll: Is it ethical for a home debtor to “walk away” from a mortgage?
Please vote in this poll using the sidebar. Inspired by the ongoing discussion in the forum thread “My aunt walks away.” This poll will be active and displayed on the sidebar through 08.30.2008.
Are More Pending Sales Falling Through?
I mentioned this in the comments on a recent post, but I think it’s interesting enough to merit its own post. Since we regularly track pending sales as our measure of monthly sales volume in the monthly charts, I was curious to know whether the credit crunch has caused closed sales volume to diverge from…
Puget Sound Counties July NWMLS 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 July 2008: King – Price: -7.5% | Listings: +22.9% | Sales: -24.4% | MOS: 6.6 Snohomish – Price: -5.5% | Listings: +10.5% | Sales: -32.8% | MOS: 8.4 Pierce –…
Prices Flopping all Across the Eastside
Prices may be holding up somewhat in the neighborhoods close to downtown Seattle, but the Eastside apparently is not so lucky. With nearly eight “months of supply” the downward pressure is mounting on home prices east of the lake. I’d like to highlight an excellent thread over in the forums, where prolific Seattle Bubble poster…