I got a pair of emails this weekend that are worth discussion. Here’s a portion of the first: …we’re looking at buying a townhouse as a temporary place to stay. Our income is pretty good, more than 100k a year. But the math that’s involved in figuring out all the possibilities of whether its better…
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: The real estate business needs more…
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 07.26.2008.
Today’s Slow Market “Is a Different Animal”
From an article on home staging in the Puget Sound Business Journal: For [Seattle home stager Jan] Sewell, who is also a Realtor with Windermere Real Estate and owner of her staging business since 1997, today’s market is unlike anything she has ever experienced. “I have been through a couple of slow markets in Seattle…
Thousands of Sellers Gave Up in June
Those of you that have been following King County inventory may have noticed something a little odd about June’s official end-of-month inventory count from the NWMLS. While the number of listings appearing on local home search sites seemed to indicate that June’s inventory would be a few hundred higher than May, the NWMLS statistics for…
Interest Rates vs. Home Prices
Let’s talk about interest rates for a while. As we have discussed before, when most people buy a home, they tend to determine how much they will spend based on the monthly payment they can afford. Two components make up your monthly payment when you buy a home: loan amount and interest rate. A common…