Wow, Elizabeth Rhodes is on a real anti-bubble roll this weekend. Did one of you submit this letter to her “Home Forum” Q & A? Q: I keep reading that home prices aren’t expected to decline in the Seattle area. Aren’t you overlooking the possible effect of “suicide loans” — those adjustable-rate mortgages that are…
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.
Seattle Light On ‘Flipping’
An oft-cited argument by those who believe prices in Seattle are totally justified is that the number of “investors” here is not at the level of other, more obviously bubbly cities. However, no one ever seems to be able to provide any actual statistics to back up this assertion. While it does not actually answer…
Weekend Open Thread
This is your open thread for the weekend. Please post random links and off-topic discussions here. This video that Seattle Slow pointed out is too funny not to add here: Seattle Bubble Tip Jar
Friday Open Thread
This is your open thread for today. Please post random links and off-topic discussions here. Seattle Bubble Tip Jar
Apartment Market Tightens: Panic, Ye Renters!
Yet another study was released this week that allegedly shows the local rental scene “tightening.” The apartment market continues to tighten in King and Snohomish counties, thanks to robust job growth and a trend toward converting units into condominiums, according to a new report from Seattle-based Dupre + Scott Apartment Advisors Inc.…Overall, landlords are optimistic,…