We’re venturing a bit further outside the Seattle area than usual for this story, but I thought it was interesting enough to merit that. From the Gray’s Harbor paper, The Daily World comes this story about an up-and-coming planned community of half-million to million-dollar homes in Pacific Beach: On a cliff in the woods overlooking…
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.
County Council Candidates Talk Housing
County Council candidates in Snohomish are taking notice of the housing market insanity and (of course) attempting to gain votes based on their position on the matter. The hot real estate market and its expensive “starter castles” are a key hurdle for the homeless, first-time home buyers and senior citizens, several Snohomish County Council candidates…
More Takes On September Figures
The usual suspects have chimed in this morning with their detailed stories (as well as graphs, figures, and photographs) reacting to the September sales figures. Elizabeth Rhodes in the Times: For the third straight month, there were more sales but fewer homes to choose from in King and Snohomish counties, compared with the same period…
September Prices Mostly Flat Vs. August
Home sales figures for the month of September have been released for the Northwest, with Pierce County’s combined (house & condo) median price posting a 19.5% gain year-on-year to $245,000, and King County’s median price (house only) gaining 15.5% year-on-year to $381,250. Interestingly, that is a 1% decrease from August 2005’s $385,000 high for King…
A Seattle Real Estate Investor’s Story
The Wall Street Journal’s Real Estate Journal takes an in-depth look at a local real estate investor in a multi-part, fourteen-month series: A First-Time Landlord Launches His Investment A Landlord Struggles To Find Qualified Renters Landlord Finds a Renter After Some Concessions A Landlord Experiences His First Repair Problems Our Landlord Searches For His Next…