As the nation’s home lending situation continues to deteriorate before our eyes, you can count on the local press to keep pushing the “we’re completely immune here” line. (Emphasis mine) Nationwide, Americans are finding themselves unable to make their mortgage payments. Those folks share common traits: They’ve borrowed too much, they’ve lost their jobs or…
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.
Seattle Bubble Needs a Logo
While I am fairly satisfied with the present design of Seattle Bubble’s website, I readily admit that there are aspects that need work. For example, it would be nice if the format of the forums matched the format of the blog. Also, I think it would help the be more engaging if I could incorporate…
Tacoma Condo Market: Oversupply & Slowing Sales
Looks like the market for developers of multi-unit buildings in Tacoma is coming to a grinding halt, much like the area’s housing appreciation. After seemingly countless delays, extensions, redesigns, reconfigurations and rethinkings, a proposed boutique hotel on downtown Tacoma’s Foss Waterway faces a deadline Monday. The hotel’s Seattle developers must produce all the permits, designs…
Street of (Materialistic) Dreams 2006 Revisited
There’s lots of blah, blah, blah going on about the latest Street of (Materialistic) Dreams, where every-day commoners like you and I can pay $18 to tour a bunch of over-the-top abodes. The local press seems to have stars in their eyes, and spends most of their time talking about all the low-flow toilets, and…
Newspaper Earnings Sink with Housing Market
Some of you may recall the Rhodes / Gardner real estate Q & A a few months ago in which the following question was asked by a Seattle Bubble reader: I can’t help but notice that the Times’ take on local real-estate prices is often excessively optimistic. For example, during the last NWMLS report, we…