I guess Elizabeth Rhodes must be on vacation or something, because lately all the real estate stories in the Seattle Times have been refreshingly less biased than I’ve become accustomed to. For instance, take a look at this report from Jane Hodges on the huge increase in the number of real estate agents in our…
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.
Affordability Continues Downward Slide
Apparently over at WSU there’s a group called the Washington Center for Real Estate Research. Last week they released a report on home sales in the first quarter of 2006 in the state of Washington. Surprise surprise, the report shows that home sales are slowing down in Washington! But as the Associated Press is all…
Seattle: Froth Or No Froth?
As amazing as it may seem to readers here, there are in fact many people that are completely convinced that Seattle is not in a housing / real estate bubble of any kind. Not that our bubble is less extreme than Florida or California, but that all of Seattle’s home price gains have been 100%…
Emotional Bubble
When discussing a real estate bubble with “non-believers,” one subject that often comes up is emotions. Some real estate enthusiasts go so far as to claim that everyone who believes in a bubble is a bitter, scared, renter. On the other end of the spectrum, Marlow Harris of the P-I’s Seattle Real Estate Professionals blog…
Real Estate Party In Washington!
A number of readers pointed out the latest series of rah, rah, real estate stories from Money Magazine that sing the praises of real estate in Washington State. The gist of the articles is that while the slowdown in real estate is undeniable in most of the country, the crystal ball predicts that a number…