Once in a while, you have to wonder why someone would be so excited to buy one of the many $500,000+ condos that are soon to spread over downtown like a tsunami. It certainly isn’t for a secure, friendly neighborhood environment… Sgt. Rich O’Neill, Seattle Police Officers’ Guild president, said officers aggressively policing the drug…
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.
June Reporting Roundup
Before we get into what the usual suspects in the local press had to say about the housing market’s performance in June, let’s take a look at the NWMLS press release that accompanied the release of last month’s statistics: Housing Prices Around Washington State Rising at More Modest Rates Kirkland, Wash. (July 5, 2007) –…
Peter Schiff Gets the Last Word (and the Last Laugh)
Here’s a great video from YouTube that juxtaposes last year’s predictions about the housing market with this year’s news. It’s not Seattle-specific, but I thought it would be fun for a Friday. I’ll be back with the June reporting roundup (a.k.a., the NWMLS press release echo chamber) either later today or sometime tomorrow. Hat tip:…
Like a Broken Record: Listings Way Up, Sales Slightly Down
The ever-progressive NWMLS has finished compiling June statistics. The recap sheet does not appear to be available just yet, but thanks to my source “on the inside,” I have obtained the pertinent information. I will update this post when the publicly-available recap sheet is posted. [Edit: Here it is.] Here’s your King County SFH summary:…
Reader Question: Rent Just Went Up
The following question was posted by “Newbie” in yesterday’s thread: I have been reading here for the past couple of months, my purpose being to understand if it is worth buying a house/townhome in seattle. Now, landlord just increased my rent by 15%. This is pushing me towards seriously considering buying. What do you suggest?…