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?…
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.
Washington Realtors Spend Big in Olympia
Guess what group is the #3 lobbiest in Olympia so far this year (by dollars spent)? If you guessed “the real estate industry” (primarily the Washington Association of Realtors), you are correct. Since January, they have spent 1.85 million dollars to convince your legislature to do… well, I’m not sure what they want them to…
Venting Against Seattle Bubble
Here are a couple of comments that have been posted recently to Seattle Bubble. Brian on June 26: Hey Tim, I’m a fairly new reader, and enjoying your blog, but I have 2 comments: 1. It’s going to sound lame, but I’m sometimes a bit thrown off by your use of sarcasm. If you can…
Seattle Just Maybe “Behind the Cycle”
The latest Case-Shiller Home Price Indices data came out yesterday. The data runs a few months behind, so this release covers April. Here’s Aubrey Cohen’s take on the numbers in the P-I: Seattle continues to defy a national trend of declining home values, but city house price increases are slowing, according to a Tuesday report….
“Positive Fundamentals” with “Hints of Weakness”
Ahh, Les Christie of CNN Money—the perfect national companion to our local captain of the real estate cheerleading squad, Elizabeth Rhodes. Where would we be without your frequent reports reminding everyone across the country just how special Seattle is? In the middle of a nationwide housing slump, a few markets have held their ground –…