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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.

Poll: How do you feel about the Zillow / Trulia merger?

Posted on August 3, 2014August 10, 2014 by The Tim

This poll was active 08.03.2014 through 08.09.2014

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July Stats Preview: Sales Softness Resumes

Posted on August 1, 2014August 1, 2014 by The Tim

With July 2014 now in the history books, let’s have a look at our monthly stats preview. Most of the charts below are based on broad county-wide data that is available through a simple search of King County and Snohomish County public records. If you have additional stats you’d like to see in the preview,…

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Year-Over-Year Price Gains Rapidly Descending to Earth

Posted on July 31, 2014July 31, 2014 by The Tim

Let’s take one more look at this week’s Case-Shiller data. Specifically, the rate of change in the year-over-year rate of change, also known as the second derivative. First, let’s take a look at the direction the second derivative is moving in the 20 cities tracked by Case-Shiller. In this chart green dots represent cities with…

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Case-Shiller Tiers: Softer May in All Three Tiers

Posted on July 30, 2014July 29, 2014 by The Tim

Let’s check out the three price tiers for the Seattle area, as measured by Case-Shiller. Remember, Case-Shiller’s “Seattle” data is based on single-family home repeat sales in King, Pierce, and Snohomish counties. Note that the tiers are determined by sale volume. In other words, 1/3 of all sales fall into each tier. For more details…

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Case-Shiller: Home Price Growth Cooled in May

Posted on July 29, 2014 by The Tim

Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to April data, Seattle-area home prices were: Up 1.4% April to May Up 9.3% YOY. Down 12.6% from the July 2007 peak Last year prices rose 3.1% from April to May and year-over-year prices were up 11.9%. Although prices are…

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