The Olympian comes in a day late to the party with what I would call a cautiously pessimistic report on December’s numbers: Fewer homes sold in South SoundMarket has room to slide, real estate watchers say After 11 months of red-hot South Sound home sales in 2005, sales dropped by double digits in December, raising…
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.
Press Optimism Beginning To Fade?
With the lull that has set in on housing this winter in the Seattle area, the news reports about the dead time are almost more interesting than the housing news itself. For example, take the four stories in today’s papers about December’s housing numbers. Here are the headlines: Housing prices keep rising as sales slow…
Commercial RE Rode High In 2005
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…
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…