{"id":104877,"date":"2017-10-31T09:48:06","date_gmt":"2017-10-31T16:48:06","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=104877"},"modified":"2017-10-31T09:48:06","modified_gmt":"2017-10-31T16:48:06","slug":"case-shiller-seattle-home-price-gains-still-strong-august","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2017\/10\/31\/case-shiller-seattle-home-price-gains-still-strong-august\/","title":{"rendered":"Case-Shiller: Seattle Home Price Gains Still Strong in August"},"content":{"rendered":"<p>Let&#8217;s have a look at the latest data from the <a title=\"S&amp;P\/Case-Shiller\u00ae Home Price Indices\" href=\"http:\/\/us.spindices.com\/index-family\/real-estate\/sp-case-shiller\">Case-Shiller Home Price Index<\/a>. According to August data that was released this morning, Seattle-area home prices were:<\/p>\n<blockquote><p><strong>Up<\/strong> 0.2 percent July to August<br \/>\n<strong>Up<\/strong> 13.2 percent year-over-year.<br \/>\n<strong>Up<\/strong> 20.4 percent from the July 2007 peak<\/p><\/blockquote>\n<p>Over the same period last year prices were up 0.4 percent month-over-month and year-over-year prices were up 11.3 percent.<\/p>\n<p>Here&#8217;s an update of the chart I posted last month showing the year-over-year home price changes in all twenty Case-Shiller cities over the past year and a half:<\/p>\n<p style=\"font-size: 0.8em; text-align: center;\"><a title=\"Case-Shiller Year-Over-Year Home Price Change - Click to enlarge\" href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/10\/Case-Shiller-YOY-recent_2017-08.png\" rel=\"lightbox[104877]\"><img decoding=\"async\" title=\"Case-Shiller Year-Over-Year Home Price Change - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/10\/Case-Shiller-YOY-recent_2017-08.png\" alt=\"Case-Shiller Year-Over-Year Home Price Change\" style=\"border:0;\" \/><\/a><\/p>\n<p>Seattle still has by far the largest year-over-year price growth, despite falling off just slightly in August.<\/p>\n<p>Here&#8217;s a <a href=\"http:\/\/public.tableausoftware.com\/\" title=\"Tableau Software\">Tableau Public<\/a> interactive graph of the year-over-year change for all twenty Case-Shiller-tracked cities. Check and un-check the boxes on the right to modify which cities are showing:<\/p>\n<div style=\"height: 800px; margin: 0 auto;\">\n<script type=\"text\/javascript\" src=\"http:\/\/public.tableausoftware.com\/javascripts\/api\/viz_v1.js\"><\/script><\/p>\n<div class=\"tableauPlaceholder\" style=\"width:704px; height:769px;\"><noscript><a href=\"http:\/\/seattlebubble.com\/blog\/2017\/10\/31\/case-shiller-seattle-home-price-gains-still-strong-in-august\/\"><img decoding=\"async\" alt=\"YOY Change\" src=\"http:&#47;&#47;public.tableausoftware.com&#47;static&#47;images&#47;Ca&#47;Case-Shiller-YOY&#47;YOYChange&#47;1_rss.png\" style=\"border: none\" \/><\/a><\/noscript><object class=\"tableauViz\" width=\"704\" height=\"769\" style=\"display:none;\"><param name=\"host_url\" value=\"http%3A%2F%2Fpublic.tableausoftware.com%2F\" \/><param name=\"site_root\" value=\"\" \/><param name=\"name\" value=\"Case-Shiller-YOY&#47;YOYChange\" \/><param name=\"tabs\" value=\"no\" \/><param name=\"toolbar\" value=\"yes\" \/><param name=\"static_image\" value=\"http:&#47;&#47;public.tableausoftware.com&#47;static&#47;images&#47;Ca&#47;Case-Shiller-YOY&#47;YOYChange&#47;1.png\" \/><param name=\"animate_transition\" value=\"yes\" \/><param name=\"display_static_image\" value=\"yes\" \/><param name=\"display_spinner\" value=\"yes\" \/><param name=\"display_overlay\" value=\"yes\" \/><param name=\"display_count\" value=\"yes\" \/><\/object><\/div>\n<div style=\"width:704px;height:22px;padding:0px 10px 0px 0px;color:black;font:normal 8pt verdana,helvetica,arial,sans-serif;\">\n<div style=\"float:right; padding-right:8px;\"><a href=\"http:\/\/www.tableausoftware.com\/public?ref=http:\/\/public.tableausoftware.com\/views\/Case-Shiller-YOY\/YOYChange\" target=\"_blank\">Powered by Tableau<\/a><\/div>\n<\/div>\n<\/div>\n<p>Seattle&#8217;s rank for month-over-month changes dropped #9 in July to #16 in August.<\/p>\n<p style=\"font-size: 0.8em; text-align: center;\"><a title=\"Case-Shiller HPI: Month-to-Month - Click to enlarge\" href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/10\/Case-ShillerHPI_MOM_2017-08.png\" rel=\"lightbox[104877]\"><img decoding=\"async\" title=\"Case-Shiller HPI: Month-to-Month - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/10\/Case-ShillerHPI_MOM_2017-08.png\" alt=\"Case-Shiller HPI: Month-to-Month\" style=\"border:0;\" \/><\/a><\/p>\n<p>Hit the jump for the rest of our monthly Case-Shiller charts, including the interactive chart of raw index data for all 20 metro areas.<\/p>\n<p><!--more-->Seattle&#8217;s year-over-year price growth dropped off just a bit from its July post-peak high. Even so, yet again in August, none of the twenty Case-Shiller-tracked metro areas gained more year-over-year than Seattle. Not even close.<\/p>\n<p>Seven cities hit new all-time highs again in August: Denver, Atlanta, Boston, Charlotte, Portland, Dallas, and Seattle.<\/p>\n<p>Here&#8217;s the interactive chart of the raw HPI for all twenty metro areas through August.<\/p>\n<div style=\"height: 800px; margin: 0 auto;\">\n<script type=\"text\/javascript\" src=\"http:\/\/public.tableausoftware.com\/javascripts\/api\/viz_v1.js\"><\/script><\/p>\n<div class=\"tableauPlaceholder\" style=\"width:704px; height:769px;\"><noscript><a href=\"http:\/\/seattlebubble.com\/blog\/2017\/10\/31\/case-shiller-seattle-home-price-gains-still-strong-in-august\/\"><img decoding=\"async\" alt=\"Case-Shiller HPI \" src=\"http:&#47;&#47;public.tableausoftware.com&#47;static&#47;images&#47;Ca&#47;Case-Shiller&#47;Case-ShillerHPI&#47;1_rss.png\" style=\"border: none\" \/><\/a><\/noscript><object class=\"tableauViz\" width=\"704\" height=\"769\" style=\"display:none;\"><param name=\"host_url\" value=\"http%3A%2F%2Fpublic.tableausoftware.com%2F\" \/><param name=\"site_root\" value=\"\" \/><param name=\"name\" value=\"Case-Shiller&#47;Case-ShillerHPI\" \/><param name=\"tabs\" value=\"no\" \/><param name=\"toolbar\" value=\"yes\" \/><param name=\"static_image\" value=\"http:&#47;&#47;public.tableausoftware.com&#47;static&#47;images&#47;Ca&#47;Case-Shiller&#47;Case-ShillerHPI&#47;1.png\" \/><param name=\"animate_transition\" value=\"yes\" \/><param name=\"display_static_image\" value=\"yes\" \/><param name=\"display_spinner\" value=\"yes\" \/><param name=\"display_overlay\" value=\"yes\" \/><param name=\"display_count\" value=\"yes\" \/><\/object><\/div>\n<div style=\"width:704px;height:22px;padding:0px 10px 0px 0px;color:black;font:normal 8pt verdana,helvetica,arial,sans-serif;\">\n<div style=\"float:right; padding-right:8px;\"><a href=\"http:\/\/www.tableausoftware.com\/public?ref=http:\/\/public.tableausoftware.com\/views\/Case-Shiller\/Case-ShillerHPI\" target=\"_blank\">Powered by Tableau<\/a><\/div>\n<\/div>\n<\/div>\n<p>Here&#8217;s an update to the peak-decline graph, inspired by a graph <a title=\"Comment by CrystalBall\" href=\"http:\/\/seattlebubble.com\/blog\/2008\/01\/29\/case-shiller-november-seattle-playing-catch-up\/#comment-38661\">created by reader CrystalBall<\/a>. This chart takes the twelve metro areas whose peak index was greater than 175, and tracks how far they have fallen so far from their peak. The horizontal axis shows the total number of months since each individual city peaked.<\/p>\n<p style=\"font-size: 0.8em; text-align: center;\"><a title=\"Case-Shiller HPI: Decline From Peak - Click to enlarge\" href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/10\/Case-ShillerHPI_Decline-From-Peak_2017-08.png\" rel=\"lightbox[104877]\"><img decoding=\"async\" title=\"Case-Shiller HPI: Decline From Peak - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/10\/Case-ShillerHPI_Decline-From-Peak_2017-08.png\" alt=\"Case-Shiller HPI: Decline From Peak\" style=\"border:0;\" \/><\/a><\/p>\n<p>In the 121 months since the price peak in Seattle prices are up 20.4 percent.<\/p>\n<p>Lastly, let&#8217;s see how Seattle&#8217;s current prices compare to the previous bubble inflation and subsequent burst. Note that this chart does not adjust for inflation.<\/p>\n<p style=\"margin: 5px auto; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/10\/Case-ShillerHPI_Seattle-Reverting_2017-08.png\" title=\"Case-Shiller: Seattle Home Price Index\" rel=\"lightbox[104877]\"><img decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/10\/Case-ShillerHPI_Seattle-Reverting_2017-08.png\" style=\"border: 0;\" title=\"Case-Shiller: Seattle Home Price Index - Click to enlarge\" alt=\"Case-Shiller: Seattle Home Price Index\" \/><\/a><\/p>\n<p>Here are a couple stories about this month&#8217;s numbers:<\/p>\n<ul>\n<li><strong>Seattle Times:<\/strong> <a href=\"https:\/\/www.seattletimes.com\/business\/real-estate\/seattle-marks-a-full-year-as-americas-hottest-housing-market-with-no-end-in-sight\/\" title=\"Seattle marks a full year as America\u2019s hottest housing market, with no end in sight\">Seattle marks a full year as America\u2019s hottest housing market, with no end in sight<\/a><\/li>\n<li><strong>GeekWire:<\/strong> <a href=\"https:\/\/www.geekwire.com\/2017\/seattle-remains-nations-hottest-housing-market-full-year-home-prices-rise-2x-national-rate\/\" title=\"Seattle remains nation\u2019s hottest housing market for a full year as home prices rise more than 2x national rate\">Seattle remains nation\u2019s hottest housing market for a full year as home prices rise more than 2x national rate<\/a><\/li>\n<\/ul>\n<p>(<em>Home Price Indices, <a title=\"S&amp;P\/Case-Shiller\u00ae Home Price Indices\" href=\"http:\/\/us.spindices.com\/index-family\/real-estate\/sp-case-shiller\">Standard &amp; Poor&#8217;s<\/a>, 2017-10-31<\/em>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Let&#8217;s have a look at the latest data from the <a title=\"S&amp;P\/Case-Shiller\u00ae Home Price Indices\" href=\"http:\/\/us.spindices.com\/index-family\/real-estate\/sp-case-shiller\">Case-Shiller Home Price Index<\/a>. According to August data that was released this morning, Seattle-area home prices were:<\/p>\n<blockquote><p><strong>Up<\/strong> 0.2 percent July to August<br \/>\n<strong>Up<\/strong> 13.2 percent year-over-year.<br \/>\n<strong>Up<\/strong> 20.4 percent from the July 2007 peak<\/p><\/blockquote>\n<p>Over the same period last year prices were up 0.4 percent month-over-month and year-over-year prices were up 11.3 percent.<\/p>\n<p>Here&#8217;s an update of the chart I posted last month showing the year-over-year home price changes in all twenty Case-Shiller cities over the past year and a half&#8230;<\/p>\n","protected":false},"author":2,"featured_media":104879,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"On the blog: Case-Shiller: Seattle Home Price Gains Still Strong in August","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8,616],"tags":[136,86,222,200,531],"coauthors":[1158],"class_list":["post-104877","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stats","category-counties","tag-california","tag-case-shiller","tag-graphs","tag-statistics","tag-tableau"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Case-Shiller: Seattle Home Price Gains Still Strong in August \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2017\/10\/31\/case-shiller-seattle-home-price-gains-still-strong-august\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Case-Shiller: Seattle Home Price Gains Still Strong in August \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Let&#039;s have a look at the latest data from the Case-Shiller Home Price Index. According to August data that was released this morning, Seattle-area home prices were:  Up 0.2 percent July to August Up 13.2 percent year-over-year. Up 20.4 percent from the July 2007 peak Over the same period last year prices were up 0.4 percent month-over-month and year-over-year prices were up 11.3 percent.  Here&#039;s an update of the chart I posted last month showing the year-over-year home price changes in all twenty Case-Shiller cities over the past year and a half...\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/10\/Case-ShillerHPI_MOM_2017-08.png\" \/>\n<meta name=\"twitter:creator\" content=\"@The_Tim\" \/>\n<meta name=\"twitter:site\" content=\"@SeattleBubble\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The Tim\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2017\/10\/31\/case-shiller-seattle-home-price-gains-still-strong-august\/\",\"url\":\"https:\/\/seattlebubble.com\/blog\/2017\/10\/31\/case-shiller-seattle-home-price-gains-still-strong-august\/\",\"name\":\"Case-Shiller: Seattle Home Price Gains Still Strong in August \u2022 Seattle Bubble\",\"isPartOf\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2017\/10\/31\/case-shiller-seattle-home-price-gains-still-strong-august\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2017\/10\/31\/case-shiller-seattle-home-price-gains-still-strong-august\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/10\/Case-ShillerHPI_MOM_2017-08.png\",\"datePublished\":\"2017-10-31T16:48:06+00:00\",\"author\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\"},\"breadcrumb\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2017\/10\/31\/case-shiller-seattle-home-price-gains-still-strong-august\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/seattlebubble.com\/blog\/2017\/10\/31\/case-shiller-seattle-home-price-gains-still-strong-august\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2017\/10\/31\/case-shiller-seattle-home-price-gains-still-strong-august\/#primaryimage\",\"url\":\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/10\/Case-ShillerHPI_MOM_2017-08.png\",\"contentUrl\":\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/10\/Case-ShillerHPI_MOM_2017-08.png\",\"width\":915,\"height\":666},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2017\/10\/31\/case-shiller-seattle-home-price-gains-still-strong-august\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/seattlebubble.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Case-Shiller: Seattle Home Price Gains Still Strong in August\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\",\"url\":\"https:\/\/seattlebubble.com\/blog\/\",\"name\":\"Seattle Bubble\",\"description\":\"local\u00a0real\u00a0estate\u00a0news, statistics,\u00a0and\u00a0commentary without\u00a0the\u00a0sales\u00a0spin.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/seattlebubble.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\",\"name\":\"The Tim\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/image\/37756956c11dcc50d2559761ffa5ee70\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g\",\"caption\":\"The Tim\"},\"description\":\"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. 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According to August data that was released this morning, Seattle-area home prices were:  Up 0.2 percent July to August Up 13.2 percent year-over-year. Up 20.4 percent from the July 2007 peak Over the same period last year prices were up 0.4 percent month-over-month and year-over-year prices were up 11.3 percent.  Here's an update of the chart I posted last month showing the year-over-year home price changes in all twenty Case-Shiller cities over the past year and a half...","twitter_image":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/10\/Case-ShillerHPI_MOM_2017-08.png","twitter_creator":"@The_Tim","twitter_site":"@SeattleBubble","twitter_misc":{"Written by":"The Tim","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/seattlebubble.com\/blog\/2017\/10\/31\/case-shiller-seattle-home-price-gains-still-strong-august\/","url":"https:\/\/seattlebubble.com\/blog\/2017\/10\/31\/case-shiller-seattle-home-price-gains-still-strong-august\/","name":"Case-Shiller: Seattle Home Price Gains Still Strong in August \u2022 Seattle Bubble","isPartOf":{"@id":"https:\/\/seattlebubble.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/seattlebubble.com\/blog\/2017\/10\/31\/case-shiller-seattle-home-price-gains-still-strong-august\/#primaryimage"},"image":{"@id":"https:\/\/seattlebubble.com\/blog\/2017\/10\/31\/case-shiller-seattle-home-price-gains-still-strong-august\/#primaryimage"},"thumbnailUrl":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/10\/Case-ShillerHPI_MOM_2017-08.png","datePublished":"2017-10-31T16:48:06+00:00","author":{"@id":"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f"},"breadcrumb":{"@id":"https:\/\/seattlebubble.com\/blog\/2017\/10\/31\/case-shiller-seattle-home-price-gains-still-strong-august\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/seattlebubble.com\/blog\/2017\/10\/31\/case-shiller-seattle-home-price-gains-still-strong-august\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/seattlebubble.com\/blog\/2017\/10\/31\/case-shiller-seattle-home-price-gains-still-strong-august\/#primaryimage","url":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/10\/Case-ShillerHPI_MOM_2017-08.png","contentUrl":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/10\/Case-ShillerHPI_MOM_2017-08.png","width":915,"height":666},{"@type":"BreadcrumbList","@id":"https:\/\/seattlebubble.com\/blog\/2017\/10\/31\/case-shiller-seattle-home-price-gains-still-strong-august\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/seattlebubble.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Case-Shiller: Seattle Home Price Gains Still Strong in August"}]},{"@type":"WebSite","@id":"https:\/\/seattlebubble.com\/blog\/#website","url":"https:\/\/seattlebubble.com\/blog\/","name":"Seattle Bubble","description":"local\u00a0real\u00a0estate\u00a0news, statistics,\u00a0and\u00a0commentary without\u00a0the\u00a0sales\u00a0spin.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/seattlebubble.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f","name":"The Tim","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/image\/37756956c11dcc50d2559761ffa5ee70","url":"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g","caption":"The Tim"},"description":"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. 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