When it comes to houses, it seems most people have the American sentiment of “bigger = better = I want” ingrained into their subconscious. The Seattle P-I takes a look at how this mentality is shaping the Seattle residential landscape: During the past 10 years, about 2,400 single-family homes have been razed to make way…
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.
Don’t Wait To Buy?
Writer Tom Kelly offers an opinion piece in the Everett Herald in which he takes a very matter-of-fact tone. To hear him tell it, there’s no question, prices will not decrease in the Puget Sound: Is there significant merit in waiting for the local housing market to cool before jumping in to buy a home?…
Seattle Residents Fleeing To Ellensburg?
Okay, so that title was a bit overdramatic. But that’s the job of a “reporter” right? Heh. Anyway, about 100 miles east of Seattle on I-90, the Ellensburg area is experiencing its own real estate boom, with new homes popping up at a record pace: Building permits issued for new homes in Kittitas County outside…
Follow-Up: Anecdotal Evidence
Way back in early September I made a post with the details of two properties in my neighborhood that had recently been put on the market. The house in question has still not sold, and has now been languishing on the market for over 10 weeks. The price has been dropped from $350,000 to $319,950…
On Vacation
Just a note to say that I’m on vacation out of state and away from the Internet (mostly) through October 30th. Feel free to use this as an open thread to discuss current Seattle Bubble events.