Okay so this is old news to any of you that have been following the mortgage mess as it unfolds, but it’s worth bringing up again to point out the fact that Elizabeth Rhodes at the Seattle Times has finally admitted what a mess we’re in: The evening before their home purchase was to close,…
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.
Building “Green,” “Smart” Investments, and More…
Let’s follow up yesterday’s heavy downer of a post with some lighter fare. I think it’s time for another link roundup. So you say they’re not making any more land, huh? Well, maybe not, but that doesn’t mean we’re running out of places to build houses. No, I’m not talking about condos. I’m referring to…
Suzanne Researched This: Part 2
I don’t know about anybody else here, but I for one am a total sucker for Dr. Laura. Thanks to a company department picnic, on my way home from work today I had a rare opportunity to partake in this particular indulgence, and I heard an interesting call. Here’s an excerpt: https://seattlebubble.com/blog/wp-content/uploads/2007/08/drlaura_2007-08-22-partial.mp3 If you can’t…
Local Foreclosures Continue Climb
Aubrey Cohen of the P-I reports on the continuing trend of the increasing number of local foreclosures. Skipping over the article’s pointless comparisons with other parts of the country that are clearly ahead of Seattle on the bubble-bursting curve, here’s the meat of what’s going on around here: Area foreclosure filings in July were up…
Somewhere Between Anxiety and Denial
As the mortgage industry begins to crumble and home prices are declining across the nation, the local media and blogging real estate insiders seem to be getting a bit anxious. Maybe it’s just me, but take a look at some of the recent headlines: Home values here still rising (Elizabeth Rhodes, Seattle Times) Seattle-area homes…