Just for kicks, let’s take another look at the home price YOY change graph that I posted on Wednesday. Click to enlarge I noted that the downward curve on the right that represents the last nine months looks fairly steep. But just how steep is it, compared to the rest of the graph? In order…
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.
02.09.2007 – Friday Open Thread
This is your open thread for Friday, February 9, 2007. Please post random links and off-topic discussions here.
January Reporting Roundup
Let’s have a look at the local press reaction to the market’s continued slowdown, shall we? First up, the poster child for slowdown denial in the media, Elizabeth Rhodes. This month she actually managed to sandwich a morsel of reality in between the excuses and the unbridled optimism: A nasty dose of winter last month…
02.08.2007 – Thursday Open Thread
This is your open thread for Thursday, February 8, 2007. Please post random links and off-topic discussions here. I’m traveling back from Atlanta today, so although I realize that the local papers’ stories about January will be posted today, I probably won’t have time to post about them until tonight. Just an FYI.
Guess What? Inventory Up, Sales Down.
An inside source has supplied me with the latest NWMLS statistics, and they tell exactly the story you would expect if you’ve been paying any attention at all during the prior nine months. For what is now the tenth month in a row, inventory was up and sales were down YOY. In fact, sales have…