Since I was on KING 5 News last night and KOMO 1000 radio this morning*, I thought it would be good to write up a slightly more detailed post aimed at answering the question: “What is Seattle Bubble about?” So, here’s a summary of the important points. The Bottom Line: Now is not a good…
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.
Welcome KING 5 Viewers!
If you’re viewing this blog for the first time today because you saw me (Tim Ellis) on KING 5 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 focused…
October Reporting Roundup: There Goes the Neighborhood
If you thought last month’s reporting was fun, just wait till you get a load of the goomy tone of the latest wave of articles. I find it interesting that the NWMLS chose to release the statistics so late in the day yesterday, on the fourth business day of the month (rather than the fifth,…
Supply & Demand Trends Continue, Market Still Tanking
October market statistics from the NWMLS are here. Public press release and data pdfs have not yet been posted, but I will update the post with a link once they are. Update: Here is the NWMLS press release, with links to the public pdfs. Here’s your King County SFH summary: October 2007 Active Listings: up…
Fortune: Price-to-Rent Correction Forecasting
Over at the Baltimore Housing Bubble blog, site contributor Kevin has an interesting post up about a recent article in Fortune Magazine. This months edition of Fortune Magazine (November 12, 2007) had a great article on housing called How Low Can They Go? by Shawn Tully (no online link available yet, but I’ll modify post…