I wonder if Aubrey Cohen is getting story ideas from reading Seattle Bubble? In the big front page feature article in today’s P-I, Aubrey takes a look at something a that a few home seekers commenting here have talked about: the continued competition for homes in a handful of certain price ranges and neighborhoods. Erin…
Category: News
News, current events, etc.
Evening Magazine on Tim Ellis & Seattle Bubble
Are you a first-time reader that saw me (Tim Ellis) on KING 5 Evening Magazine this evening? If so, welcome to Seattle Bubble. First let me say that while I am flattered that John Curley and Jim Dever referred to me as a “real estate guru,” that is not a title that I have ever…
Raising Prices to Entice Buyers—wait, what?
Here’s an interesting story that popped up over the weekend and had people emailing me and discussing it in the comments and forums. A downtown luxury condo building named Escala is having trouble moving the last 70 units (of 270, so roughly 25%), so to try and juice up their sales, they’re raising prices. Yes,…
Big Downtown Land Deal Evaporates
Almost a year ago, a family that has accumulated ownership of 13 near-contiguous acres of downtown real estate in the Denny Triangle finally put the whole lot of it on the market. Mr. Clise is convinced now is the ideal time to sell. The job-market outlook is robust for Seattle, and the office market, with…
Rental Market Semi-Scaremongering
Yesterday’s P-I had a big front-page story from Aubrey Cohen that seems to be at least partly designed to frighten renters and encourage landlords: Rent at an all-time high — if you can find a place “There are a lot of apartments available, but the desirable ones seem to rent very quickly,” said Kilbourne, a…