Our local real estate blog Rain City Real Estate Guide — by realtors, for realtors (my subtitle, not theirs) tackled the topic of a Seattle bubble today. “Eastside Specialist” Chuck Reiling places himself firmly in the “Microsoft will protect us” camp with his post: The second kind of bubble, let’s call it Type II, seems…
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.
Disclosure Loopholes Highlighted
The Tacoma News-Tribune sheds light on a problem with state law that could become more of an issue as foreclosures become more common in the coming years. "Opportunity knocks!" proclaimed a real estate handbill about a five-bedroom home on two acres selling for $288,750. But here is what you won’t find on the advertisement for…
Housing Prices A "Simple" Problem
P-I Columnist Bill Virgin makes light of the housing situation in today’s column, titled How to rein in housing prices? It’s simple. The thrust of the article is a sarcastic proposal to make it illegal to profit from the sale of a home. However, he makes some interesting claims that I can only assume he’s…
Super Special Seattle
The topic of whether or not our area is somehow immune to a bubble was suggested by a reader. I made a very similar post back in September, but readership and participation has grown quite a bit since then, so now would be a good time to post it again. As markets across the country…
What’s Your Seattle Bubble Timeline?
With the numbers we’ve been seeing for the last few months, it is clear that Seattle is not the red-hot market that it was a year ago. What is still not clear though is just where we are in the boom/bust cycle. Many theories have been suggested recently in the comments about how soon Seattle…