I suppose a more accurate title would have been “What The Bank’s Money Loaned To You At An Adjustable Rate Buys Around Here.” That would have been a bit unwieldy though. So just how much can the overextended family buy in Seattle’s bubble-rific market? That’s the question King 5 News takes on in part one…
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.
Seattle "Under-Condo’ed" – Not For Long
Clearly if you are able to read a local paper, you are aware of Seattle’s amazing immunity to real estate woes past, present, and future. Logically then, Seattle would be a great place to build more condos, which historically are the most in danger of losing value in a falling market. Lucky for us, more…
Bubble Collapse Imminent: Seattle Still Immune
National economists are waking up to the reality of a housing bubble, stating in a report that a downturn in the housing market could mean a million lost jobs. But what about here in Seattle? The Seattle P-I adds their own reporting to the AP report: Much of the nation has had a lovely real…
Poll: A Bubble In Seattle?
A reader suggested and created the following polls: Do you think the greater Seattle area is in a bubble? How will prices change in 2006 for the greater Seattle area? I’d be interested to know what people are thinking. Seattle Bubble Tip Jar
Realtors See "Softer, But Still Bouyant" Market
How about one more take on those October figures? This time let’s throw in a bit of anecdotal evidence from realtors while we’re at it, courtesy of the Seattle Times. Puget Sound-area home sales and prices remain strong, according to the latest statistics, but anecdotally, real-estate agents say the usual fall slowdown is well under…