It’s that time of the month again, when the MLS numbers from the previous month hit the streets and all our beloved local papers rush to press with nearly-identical stories “analyzing” said numbers. The Times, P-I, News-Tribune, Herald, King County Journal, The Olympian, and yea verily even the Puget Sound Business Journal all piped in…
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.
"Office Condos" Coming To Seattle?
With the real estate craze that we’ve been living through these past few years, I’m surprised someone hasn’t come along with this idea sooner—selling office space rather than renting it. When businesses are looking for space, they usually either lease it or buy a building. But two local developers are backing a different idea: the…
Vulcan Plans Affordable Housing
Well, it seems that even if you’re the seventh-richest man on Earth your money can’t buy you a well-officiated Super Bowl. But can it make a dent in downtown Seattle’s affordability for the working class? Paul Allen’s Vulcan, Inc. intends to at least try. Vulcan Inc. unveiled plans Monday to build affordable housing in South…
Affordable Housing Just 3 Hours Away
Good news everyone! Affordable housing can be found with just a short three hour drive east of Seattle! Grant County sports housing that is truly affordable, in fact the “most affordable” of all the counties listed by NWMLS. Thanks to what a real estate research director calls surprisingly low median home prices, the county tops…
King County: Prices Up, Wages Down
Thanks to the reader that pointed out the story on CNN regarding the recently released statistics on wages. Real wages are not exactly going through the roof. For the 24-month period through the second quarter of 2005, the inflation-adjusted wages of an average American grew just 1 percent or so, according to statistics reported by…