HouseValues, a locally-based online real estate agent lead generator has been swirling the drain since the national real estate market first started slowing down last year. They were in the news again yesterday, as their CFO jumped ship. For the second time in a year, Kirkland-based HouseValues is restructuring its executive team and laying off…
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.
2007 Not as Rosy as NWMLS Claims
The TV and radio news stations are all blathering yesterday and today about the 2007 year in review report put out by the NWMLS. Most of the reporting is similar to what you can see at the Seattle Times, where they printed a short, unattributed blurb that basically parrots the positive spin put out by…
Huge Property Tax Increase, or Easier Dispute Process?
Haven’t seen this one mentioned on the other local real estate blogs, but it’s definitely of interest to anyone out there that already owns a home (or a home loan, as the case may be). Depending on who you believe, a new bill floating around down in Olympia may either help home owners reduce their…
Link Roundup Trio: Condos, Lies, Lawsuits
Here’s a minor roundup post for you, with a few stories from the last few days that are worth a brief mention: After selling just 17 out of 114 units, an in-progress condo complex near Seattle Center will instead be completed as “luxury apartments.” In recent months, developers have shelved plans to convert several Seattle…
Nobody Panic. You Live In Seattle.
Theory: Seattle is special, and thanks to our strong local economy anchored by such heavyweights as Boeing and Microsoft, any economic or housing pain will affect us far less than other parts of the country. Reality: Conclusion: Er… Um… Jobs! Population Growth! Mountains! Lakes! Pretty Pretty Pink Ponies! We now return you to your regularly…