Taking a bit of a break from the residential real estate world, let’s have a look at the commercial real estate picture. 2005 was good to commercial real estate: Retailers in the Seattle and Bellevue area gobbled up store space at the fastest pace since the 1990s, responding to a strong regional economy and reports…
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.
Tacoma’s Top 2005 Story? Home Prices
The Tacoma News-Tribune recaps the year’s top stories, and the ever-climbing cost of buying a house tops out their list: This was the year of the homeowner. Despite rising interest rates and housing bubble warnings, home prices in the South Sound continued to soar. The median sale price for a home in Pierce County hit…
Thurston County Real Estate In 2005
Okay, I’ve got a bit of catching up to do. First up is a look back on the year’s numbers in Thurston County: The blistering pace of the South Sound real estate market continued in 2005, with the percent increase in number of homes sold and in median prices reaching double-digit territory for the January…
Follow-Up: Anecdotal Evidence, Pt. 4
Data has been posted online regarding the condo that sold last month. It seems that they got just what they were asking, a cool three hundred thousand, which you will recall is $19,000 more than the unit next door sold for just two months earlier. Dang. I’ll keep my eyes open as new properties are…
Housing Predicted To "Cool Off" In 2006
Housing in the Northwest has continued to experience a climb in prices this year as other parts of the nation have stalled, but some are starting to see some cracks in the foundation, and predict that next year the housing market will “cool, but not collapse.” Nationally and locally, the sizzling housing market has been…