In case you haven’t noticed, Gregory Wharton has posted the final chapter in his series on Seattle real estate prices. If you thought my response to his previous post was long, you’re in for a shock. Find a comfy chair and make sure you have a good-sized block of time to tackle his 3,500-word thesis…
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.
Yet Another Condo Conversion Article
Here’s yet another article in the Times focusing in on condo conversions: In the first six months of this year, 1,162 Seattle apartments have become condos or are headed for conversion, a pace that would far exceed last year’s total of 1,551 conversions. The trend is happening outside Seattle, as well. Last year saw about…
Wednesday Open Thread
This is your open thread for today. Please post random links and off-topic discussions here. Here’s a random little snippet of my own. Seen on the Craigslist forums last week: Over the long weekend, one of the people I was camping with is an Escrow officer on the Eastside. I asked her a few questions…
RE: There Is No Bubble In Seattle
Last week, Gregory Wharton posted the grand culmination of his 15-part Seattle real estate bubble extravaganza. I wanted to wait until he posted the last chapter, but it’s been over a week, and I think the points he made in his most recent posts should be addressed sooner rather than later. I said in my…
Rents Predicted To Rise… Still
A number of readers pointed out an article in yesterday’s Seattle Times about “multifamily housing” (apartments) that’s full of the usual pep-talk and rah-rah-speak claiming that prices have nowhere to go but up, up, up, and isn’t that just wonderful! With apartment vacancy rates declining and job growth increasing, real-estate investors are snapping up properties…