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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.

Sales Plummeting, Inventory Skyrocketing… Prices Crashing?

Posted on October 5, 2007October 5, 2007 by The Tim

September market statistics from the NWMLS are here. As usual, when a public link to the usual monthly press release with links to the recap pdfs becomes available, I’ll post it here. For now, here is a link to the data on the NWMLS Marketing page Here’s your King County SFH summary: September 2007 Active…

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For Only $1.5 Million…

Posted on October 4, 2007February 1, 2010 by The Tim

If I had a million (and a half) dollars, I’d buy you a house… But what kind of house? Would you rather have a “phenomenal location & nearly total renovation” on Queen Anne: Click to view listing …Or a 16-building, 45,000 square foot former missile complex on (under) 57 acres in Eastern Washington: Click to…

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Depends on what the meaning of “stable” is…

Posted on October 3, 2007January 18, 2010 by The Tim

Forbes just loves to frame their articles around lists. You may recall Seattle showing up frequently on previous such real-estate-related lists, such as Best Places to Flip a Home (#1), Richest Cities In The U.S. (#8), Best Cities For Jobs (#34), and Most Overpriced Places In The U.S. 2005 (#1). Well, lucky us, we made…

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Rents Reverting to Mean, Condos Repartmenting

Posted on October 2, 2007October 2, 2007 by The Tim

I should at least mention the local news reports about the latest Dupre + Scott rental survey. Here’s the meat of the report, courtesy of Aubrey Cohen at the P-I: The King County vacancy rate hit 3.8 percent this month, down from 3.9 percent in March and 4.2 percent in September 2006, according to Dupre…

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Cramer vs. Shiller: Is Seattle Immune?

Posted on October 1, 2007June 11, 2009 by The Tim

By now most of you have probably already seen the Today Show video from last week in which financial entertainer Jim Cramer stated the following: Don’t you dare buy a home now. You will lose money. Of course, real estate salespeople across the country were outraged by this, and pretty much immediately flew into frenzied…

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