Take a look at the front page of the Seattle Times website this morning: Click to enlarge That’s Coalition warns of “mortgage tsunami”, followed by Accounting, executives at lender New Century investigated, Fraud charges at Metropolitan Mortgage & Securities settled, and of course Mess unlikely to break economy. First off, I don’t think the term…
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.
03.16.2007 – Friday Open Thread
This is your open thread for Friday, March 16, 2007. You may post random links and off-topic discussions here. Be sure to also check out the forums, and get your word in the user-driven discussions there!
Seattle 79th Most Affordable Metro
Out of 95 US metro areas, the Seattle-Tacoma-Bellevue housing market ranks as the 79th most affordable. In other words, even with Pierce County dragging the average down, as of 2005 we were still the 17th least affordable metro. Bizjournals compared housing costs and income levels in the 95 U.S. metros with populations above 500,000. The…
$400,000 is Not "Affordable"
A couple of interesting letters to the editor floated to the surface today in response to Ms. Rhodes’ latest article. Here’s my favorite: I guess I don’t understand how anyone would think that a $400,000 to $500,000 price tag on a town house is considered to be affordable housing. Not for folks who work for…
03.13.2007 – Tuesday Open Thread
This is your open thread for Tuesday, March 13, 2007. You may post random links and off-topic discussions here. Be sure to also check out the forums, and get your word in the user-driven discussions there!