If the owner of the Smith Tower gets what they want, you can add yet another condo to dozens already planned for downtown’s future. Walton Street Capital is hoping to convert the Smith Tower into condos: Ninety-three years after Pioneer Square’s Smith Tower was built as an elegant business address, its new owner hopes to…
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.
Microsoft & Boeing: Seattle’s Firm Foundation
Illustration: James McFarlaneClick to enlarge Question: How many of the Seattle-area’s much-vaunted Boeing jobs will fail to materialize with the collapse of a $2.2 billion order? Question: Are predictions about Microsoft job growth perhaps just as “overly aggressive” as Vista sales forecasts (according to CEO Steve Ballmer)? Just curious. Seattle Bubble Tip Jar
Seattle Running 6-12 Months Behind
A common belief (one that I’ve repeated a couple of times here) is that housing trends in the Northwest tend to lag California and the nation as a whole by six months to a year. Obviously we cannot know exactly what will happen here, but if we have generally followed California and the national averages…
"Quite frankly, it’s time to buy."
I think maybe there is some kind of virus infecting the minds of potential homebuyers. The virus settles into the brain and causes the victim to lose the capacity for rational thought in matters of real estate. Symptoms include the delusions that “I need to buy now or I’ll be priced out forever,” “I should…
02.20.2007 – Tuesday Open Thread
This is your open thread for Tuesday, February 20, 2007. You may post random links and off-topic discussions here… but why not go participate in the forums, instead?