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Author: The Tim
Trahant Keeps Hitting Them Out of the Park
Mark Trahant is definitely my favorite writer for any of the local papers. If we ever get around to having a Seattle Bubble meet-up, he’s definitely invited, and his drink is on me. His latest piece continues to hammer home the reality of the world we live in today: mortgage / housing market is a…
Distressed Sellers Index: October Update
It’s been about a month since I introduced the Distressed Sellers Index, so I thought it would be a good time to check in with another update. Here’s the latest graph: Click to enlarge As you can see, since our last update the DSI has jumped nearly 20 points up into the 70-80 range, where…
Seattle’s Strong Employment to Save Home Prices (Or Not)
Unlike the other cities across the country that experienced surging prices and are now seeing price declines, Seattle will be immune from such forces. Why? Because of our strong employment, of course! Here in Seattle, our job market is so much better than the rest of the country, there’s no way our home prices could…
On Condos and Condo Marketers
There’s an amusing article over at Seattlest on the strange proclivity that Seattle P-I reporter Aubrey Cohen has for quoting the marketing firm Williams Marketing: Did you know that there’s only one credible real-estate industry voice in Seattle? It’s a marketing firm in town that works with real estate developers. We’ve learned this from reading…