This isn’t Seattle-specific (although I did read it in the Times), but it’s a great column that actually manages to make an insightful contrast between the movie It’s a Wonderful Life and today’s housing bubble / mortgage mess: Nowadays, it’s impossible to watch the 1946 holiday movie “It’s a Wonderful Life” and not feel a…
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.
Everett Development Bit by Finance Fallout
The still-tightening market for financing real estate is not only taking a bite out of individuals’ ability to buy homes. It’s also starting to affect the ability of large new construction projects to get financing to even begin building. New projects like a waterfront condo complex in Everett. The start of condominium construction on the…
Weekend Local News Roundup
Here’s a roundup of some local real estate stories that came out this weekend. The Times and the P-I give Redfin some free advertising by covering their list of Seven Tactics for Selling Your Home. According to the Times, local builder Quadrant Homes (owned by Weyerhaeuser) is impervious to the housing market slowdown. From the…
Poll: Marijuana Grow Operations & The Housing Bubble: Connection?
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 12.22.2007.
Anecdote: This Place Again? Seriously?
Oh. My. Goodness. Remember this? 13425 Avondale Rd NE, Woodinville May 2006: $1,625,000 (Asking) August 2006: $1,495,000 (Asking) October 2006: $1,275,000 (Asking) November 2006: $1,275,000 (Asking – New Brokerage) January 2007: $1,275,000 (Relisted) February 2007: $1,275,000 (sold—finally) You thought it was over, but oh no. It is not. December 2007: $1,650,000 (Flipping?!?) I kid you…