If you’re viewing Seattle Bubble for the first time today because you heard me, Tim Ellis, on the Dave Ross show (with sit-in David Goldstein) on 710 KIRO, I’d like to welcome you. Be sure to check out the about page to get a feeling for the purpose of this blog. If you’re interested in…
Category: News
News, current events, etc.
February Reporting Roundup
Here comes this month’s market reporting roundup. After seven months of declining/flat prices, declining year-over-year sales in 27 of the last 28 months, and 23 straight months of an ever-increasing number of homes on the market, I think we can officially declare that the Seattle-area housing market is in a slump. Of course, while the…
2007 Street of (Materialistic) Dreams Torched
It looks like we may not get to have a 2007 Street of (Materialistic) Dreams follow-up post this year like we had for 2006, since the homes have apparently been torched. KING 5 / AP Several homes were destroyed by a series of fires early this morning in a Street of Dreams neighborhood near Maltby…
Shady Practice of Relisting Gets National Attention
A few people pointed out this national story that ran on last night’s Nightline: Buyer Beware: Unsold Homes Are Often ‘Re-listed’. It’s a tactic called “re-listing,” which is legal and more common than you think. “Re-listing is just refreshing the home on the market,” Niece explained, “making the home look like it just came on…
Realtors: Want to know why many people don’t trust you?
If you want to know why people don’t tend to trust real estate agents, here’s a great example from a Q&A with Bill Hutchinson, president of the Thurston County Realtors Association in The Olympian: Q: Given where the market is today compared with a couple of years ago, what would your advice be for sellers…