If you’re viewing this blog for the first time today because you saw me (Tim Ellis) on KING 5 News tonight, I’d like to take a moment to welcome you. Seattle Bubble is the Seattle area’s #1 resource for news, analysis, commentary, and community discussion on the local real estate market. This community site is…
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.
Case-Shiller: Welcome to Depreciation, Seattle
Home prices in Seattle continue to decline, at an increasing rate, according to the latest data from the Case-Shiller Home Price Index. Down 1.76% December to January. Down 1.25% YOY. In a big surprise to absolutely no one, Seattle is now officially in the realm of year-to-year price declines. What a change from just one…
Seattle Clearly At Risk in Credit Retraction
Speaking of the economy, here’s a headline I never expected to see in The Seattle Times, let alone above the fold on the front page of the Sunday paper: I guess this is a surprising discovery for some people—something that is considered big news. Here are some choice excerpts from the article: “If things get…
Poll: National Credit Crisis / Economic Crunch: Which Inning are We In?
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 03.29.2008.
Revisiting Seattle’s Soft Landing
It’s been nearly two years since I looked at the soft landing question with respect to affordability in a post titled Seattle Soft Landing: Do The Math. Since then, the affordability picture has changed, and we at Seattle Bubble have done a lot more research into historical data, so now seems like a good time…