Another day, another syndicated Associated Press article reprinted in the Seattle Times with an abundant dose of rah-rah local cheerleading awkwardly thrown in by Elizabeth Rhodes (additions in italic): U.S. home prices drop for quarter; not so here. U.S. home prices marked a quarterly decline for the first time in 13 years in the third…
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.
Forbes: Seattle “Continues its Ascent”
These “top real estate market” lists by Matt Woolsey in Forbes are really starting to seem pointless and repetitive, but I suppose I should at least mention the latest one, since it will probably be proudly touted in local real estate marketing material for the next few months. The latest fill-in-the-blanks list from star reporter…
Seattle Townhouse Market Tanking?
There was a great article over the weekend in the Seattle P-I that looked at the townhouse market, which has slowed down considerably more than the single-family or condo markets so far this year. Jamie Goodwin knew it would be a tough time to sell her Central Area townhouse. “I’m a real estate attorney, and…
September Case-Shiller: Seattle Slide Continues
The latest data from Case-Shiller has been released. Let’s have a look at how Seattle is performing: Down a quarter of a percent August to September. Up 4.69% YOY. Back to back month-to-month declines have as we have now seen from July to September have not happened since 1995. The NWMLS King County SFH Median…
Housing Market Schadenfreude
There was a good discussion of housing market schadenfreude (or lack thereof) over the holiday weekend in the comments to a recent post. I thought would be worth posting the highlights of the conversation, and chiming in with a few thoughts of my own. rose-colored-ghoulaid: I for one don’t want misfortune to shine on others….