Elizabeth Rhodes hits us this morning with a fun little morsel: Developers dangle discounts, toys to lure home buyers. (I wonder why this article wasn’t in the big weekend real estate section? Hmm… Edit: It would appear that the answer to that question is that they were saving it for the front page [pdf].) Puget…
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.
Poll: You win the lottery tomorrow. What’s the earliest you buy a house in the Seattle area?
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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…