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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.

Weekly Open Thread (2014-11-24)

Posted on November 24, 2014November 24, 2014 by The Tim

NOTE: If you are subscribed to Seattle Bubble’s RSS feed and are seeing these open threads in the feed, please switch to our official feed at http://feeds.feedburner.com/SeattleBubble  Thanks! Here is your open thread for the week of November 24th, 2014. You may post random links and off-topic discussions here. Also, if you have an idea…

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Poll: Does your house have a basement?

Posted on November 23, 2014December 1, 2014 by The Tim

This poll was active 11.23.2014 through 11.29.2014

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Affordable Home Price Climbs Above Median Price

Posted on November 21, 2014November 21, 2014 by The Tim

As promised in yesterday’s affordability post, here’s an updated look at the “affordable home” price chart. In this graph I flip the variables in the affordability index calculation around to other sides of the equation to calculate what price home the a family earning the median household income could afford to buy at today’s mortgage…

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Affordability Index Bounces Back Above 100

Posted on November 20, 2014November 20, 2014 by The Tim

Let’s take a look at how affordability is doing in the Seattle area after the last few months of changes in home prices and interest rates. So how does affordability look as of October? With home prices stagnating this fall and interest rates inching back down close to 4 percent, the affordability index moved back…

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Foreclosures Up Slightly September to October

Posted on November 18, 2014November 18, 2014 by The Tim

It’s a bit past time for our detailed look at October foreclosure stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: October 2014 King: 389 NTS, down 25% YOY Snohomish: 216 NTS, down 32% YOY Pierce: 343 NTS, down 26% YOY The number of trustee sale notices was down…

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