Good news everyone! Although the nation is slipping into recession, here in Washington State “our economy is strong” and the only thing that can bring us down is listening to all the “dire talk.” Well, that’s what Mrs. Gregoire would have us believe, anyway… Gov. Chris Gregoire, at a Seattle economic forum Thursday, boasted she…
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.
January Reporting Roundup
It’s time for another reporting roundup. Let’s see what the local newspapers have to say about January’s not-so-positive numbers from the NWMLS. Will they claim that the market “bottoming out” and about to jump into full recovery mode? Or maybe they have finally come to accept the fact that Seattle will not avoid the downturn,…
NWMLS Stats: Market Still Crumbling, Sorry.
Wow, January stats from the NWMLS are already here. When the press release with pdf links is released I’ll post it here. (Update: Here it is.) For now, here’s the summary along with the usual graphs and other updates. Now with bigger chart thumbnails! Here’s your King County SFH summary: January 2008 Active Listings: up…
Time for an Announcement (or: What’s with the ads?)
Observant readers of Seattle Bubble have noticed that the last few weeks have brought some fairly major changes—a new, cleaner layout for the blog, avatars in the comments, a redesign of the forum to match the blog, a fancy new sidebar section: “Recent Forum Posts,” the addition of tags to stories, and oh yeah… ads….
Falling Lumber Prices Shutting Local Sawmills
Remember how when prices were going up, up, up, one of the reasons it was allegedly justified was “high construction costs”? See this post for a lengthy example of a local real estate professional making that argument. Well, luckily for us, it would seem that construction costs are dropping like a rock. Or, perhaps not…