Seattle real estate bubble. The Seattle-area housing mark...

Seattle real estate bubble. The Seattle-area housing market is offering mixed signals as mortgage rates are up and prices remain high but more buyers enter the market. While there continue to be a few skeptics, most economists Tom and I dive into another week's worth of real estate news you can use for the Seattle Metro Area!SHOW NOTES:https://www. Nov 29, 2025 · Navigating the complex Seattle Housing Market Trends for 2025 and 2026. Their analysis states that we are in a Rebound, Not a Bubble: Home Prices Still Undervalued. As the Seattle area continues its run as the nation’s hottest real- estate market, it has now seen home prices surge upward for a full six years — with more growth in home values during the A new survey found 71 percent of Washington adults think a housing bubble is coming. com/s/dlovhfg9wyy7424/Show Seattle Real Estate, a bubble about to pop or not? I have been looking for homes in Seattle, market keeps going up and I can't tell if it's gonna pop. They will repeat that feat in 2014, according to apartment research firm Dupre + Scott Seattle’s housing market could be in for some tough times. People are staying put longer and they simply aren’t going to sell their homes unless it’s absolutely necessary. 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. TikTok video from Real Estate James (@realestate_james): “Dive into the Seattle vs. This community site is focused on productive and open discussion of the local housing market, so that everyone involved can work toward a goal of improving understanding and dispelling myths. 𝗖𝗼𝗻𝗻𝗲𝗰𝘁 𝘄𝗶𝘁𝗵 𝗨𝗦:===============📞 Call/Text: 425-753-4670📧 Email: Ravi@TheRamsGroup. Most sellers are also This report offers a summary of 2024 real estate market trends in the Seattle area, with a home price forecast stretching into 2025. S. Seattle has been the hottest real estate market in the country for a full year, with housing costs growing more than double the national rate. That’s largely due to strong economics fundamentals that were lacking during the last housing boom (fundamentals like high employment and sound lending practices. Perfect for prospective movers! #seattle #bellevuewa #bellevue #eastside #pnw”. About Seattle Bubble Seattle Bubble is the Seattle area’s #1 resource for news, analysis, commentary, and community discussion on the local real estate market. Let’s take a look at our stats for the local regions outside of the King/Snohomish core. The Seattle subreddit. As we all already know, rental prices have also been on the rise—at almost the fastest rate in the country, with the average two-bedroom apartment now over $2,000. The buyer took possession in April 2024 and is now selling the house for $650,00… Is There A Seattle Real Estate Bubble? Mortgage professional Dan Keller explains data that will help YOU answer this question with accuracy for yourself! h I wanted to share with you an article published yesterday in the Puget Sound Business Journal with an interview from a very well respected economist in the Seattle area, Matthew Gardner. Tim Ellis is a data analyst and economist, with particular expertise in the field of real estate. Content Even if you adjust the July 2007 peak payment for inflation, it only comes out to about $3,586 in 2023 dollars, meaning that the October 2022 peak was 34% higher, and as of February homebuyers are still looking at payments 10% above the highest level recorded before the last housing bubble burst. It includes pricing data for off-market deals and for-sale-by-owner deals. local real estate news, statistics, and commentary without the sales spin With home prices approaching or even exceeding their 2007 peak levels in parts of the Seattle area, there has been renewed talk about whether we're in another housing bubble or not. Is it normal for offers on these homes to waive all… 129K subscribers in the REBubble community. 6, 2025 at 6:01 am Several experts have weighed in on this subject, and the general consensus is the same. Mar 10, 2023 · local real estate news, statistics, and commentary without the sales spin. Nov 27, 2023 · Hint: It’s not a bubble … As a seasoned realtor specializing in Greater Seattle, including charming neighborhoods like Edmonds, Lake Forest Park, and Shoreline, I’ve encountered numerous misconceptions about the local real estate market. Area Map & Breakout PDFs HousingCorrection. What is a housing bubble? In the Seattle metro area, single-family-home costs are up 13. If you’re a Seattle Bubble Member, the full data for these charts and more are uploaded to the members-only data repository. local real estate news, statistics, and commentary without the sales spin. Seattle Area Real Estate Agent, Zach McDonald, explains the Seattle housing bubble and his thoughts on the health of the Seattle Real Estate Market. The Seattle real estate market isn't quite in a crash, more a return to pre-pandemic normal, according to local housing experts. A month ago, I examined the evidence that Seattle’s residential real-estate market might be in a bubble, based on my experience in calling the 2007-08 event. After watching houses around them sell for ‘insane amounts over ask’ during the height of the pandemic, two North Carolina transplants tested their savings in the leafy neighborhoods of North I did some speculative analysis for Redfin on the impact that Amazon HQ2 will have on the Seattle real estate market: Amazon HQ2 Could Quickly Turn Seattle Into a Buyer’s Market For the article I spoke with a Redfin Seattle agent who has had some interesting conversations already with buyers… The rapidly climbing price of Seattle homes could be the symptom of a real-estate bubble, or proof of its strong economy. Anyone w/educated answers? I was there where my friend bought a house in 2007 and 6 years later it's value came back up to what they bought it for. The 2000s United States housing bubble or house price boom or 2000s housing cycle[2] was a sharp run up and subsequent collapse of house asset prices affecting over half of the U. Tim also hosts the weekly improv comedy sci-fi podcast Dispatches from the Multiverse. Tim Ellis is the founder of Seattle Bubble. The arguments, pro and con. 208 votes, 316 comments. New York, Florida and California residents were the next most likely to fear a housing bubble. Inventory of houses and condos for sale in King County – which includes Seattle and Bellevue but does not include Tacoma – surged 148% in December, compared to December last year, to 4,017 active listings, according to data by the For many in the Seattle-area real estate market, 2024 was a year of staying put. 570K subscribers in the Seattle community. ) The national Case-Shiller housing Jan 15, 2024 · Who we are Carey Armstrong is Tomo’s Seattle real estate expert with the acclaim of being Seattle’s most active open house visitor. News, current events, meetups, etc… Trulia recently released a great article analyzing the national real estate market to see if we are in a Bubble (circa 2005) or are we in a rebound. With Seattle’s economy still strong, the downturn isn’t caused by layoffs & defaulting mortgages. The ZHVI is based on millions of data points in Zillow’s “Database of All Homes,” including from public records (tax data), MLS, brokerages, local Realtor Associations, real-estate agents, and households across the US. Seattle’s housing market could be in for some tough times. They say the Seattle-area real estate marketis not in a bubble. Elevated mortgage rates and high home prices kept would-be home shoppers on the sidelines. 6, 2025 at 6:00 am Updated Nov. Home prices stagnated, would-be While Chinese money is undoubtedly distorting Seattle real estate, especially on the Eastside, the biggest problem is in China itself. Share evidence, zillow… Get access to the full spreadsheets used to make the charts in this and other posts, and support the ongoing work on this site by becoming a member of Seattle Bubble. 25MM+ on the eastside in Seattle. Still no housing bubble This was number one on the list last year. 3 percent from a year ago and are rising at the fastest clip since the 2006 housing bubble, according to the Case-Shiller index. You can now find lists of public vehicle auctions in our database. See what's happening near you. net Lender Implode-O-Meter Local Parcel Searches King County Parcel Viewer Snohomish County Parcel Viewer Pierce County Parcel Viewer Kitsap County Parcel Viewer Thurston County Parcel Viewer Island June 12th 2017 12;30 pm PST There is no ‘housing bubble”- we are just running out of homes. My cautious answer was, “Not yet Learn the truth about the Seattle real estate market! Debunk myths, explore opportunities, and find your dream home with insights from a seasoned realtor. Bellevue feud and discover the truth behind the stereotypes. In his free time, he runs the independently-operated Seattle-area real estate website Seattle Bubble, and produces the "Dispatches from the Multiverse" improvised comedy sci-fi podcast. dropbox. The median sales price Photo: pnwbot Real estate bubbles are hard to see from the inside. We aren’t in a housing bubble. In many regions, a real estate bubble was the impetus for the subprime mortgage crisis. A place to freely discuss and investigate the current US housing bubble. com Redfin Seattle Area Real Estate Stats Altos Research HousingTracker. Business Economy Real Estate Are we headed for a new housing bubble? Originally published November 17, 2015 at 11:03 am Updated December 1, 2015 at 3:01 pm Shoppers fighting over the few homes listed for sale in the Seattle area pushed up prices again in May, prompting fears of a fresh housing bubble, according to a new report. Tim Ellis has been analyzing the real estate market since 2005, and worked at Redfin as a housing market analyst from 2010 through 2013 and again starting in 2018. Explore the latest trends in the Seattle housing market for February 2026, including sales activity intensity, inventory levels, and current interest rates. Want to join a conversation about this or other local real estate topics? In addition to vehicles sold directly by bank, RepoFinder has added additional resources for bargain car and real estate shoppers. Data on inventory, home sales, and median prices reveals a flat forecast, not a crash. Those same factors Seattle Bubble, Seattle. 13 votes, 18 comments. 1641 Likes, 152 Comments. Want to join a conversation about this or other local real estate topics? We’re on Twitter at @SeattleBubble. Seattle's market has definitely been booming, which is especially apparent if you are a buyer or a seller. The fabulous bubble has run out of steam on its own. For a region that had grown accustomed to topping lists of sky-high home prices and crane counts, 2023 brought the Seattle-area real estate market back to earth. A survey by Seattle-based online real estate company Zillow (Nasdaq: Z) found that many analysts think bubble conditions are already . Nov 6, 2025 · Business Economy Real Estate Seattle-area homebuyers retreat as economic woes pile up Nov. states. Tim started the real estate website Seattle Bubble in 2005, researching local real estate and economic data and warning of the impending bursting of the housing bubble. com🌐 Website: https://TheRamsGroup A Zillow survey finds a lot of concern in the next five years. With the way the housing market is trending in WA State, does anyone think the Seattle Metro area is in a bubble? This newly constructed house was overbid by $200,000 in April 2023. A survey by Seattle-based online real estate company Zillow (Nasdaq: Z Top 10 Predictions for Seattle's Real Estate Market in 2024 1. Her day job as Tomo’s co-founder and chief operating officer influences her strong point of view about Seattle housing policy, prices and direction as well. The reason it's being called out again is because the market performed better in 2023 than expected. This week I'd like to go back to the same data I used in 2005 and 2006 to definitively recognize the bubble at a time when most people were declaring Seattle to be "different" and saying that home prices would The median price of King County single-family homes sold in June climbed to $500,000, up 10. Hello, I'm looking at homes over 1. In it he The latter is from a Redfin survey of 360 real estate agents from October 2021. The way Trulia answered the question was as follows> We assess […] Statistics Seattle Bubble Spreadsheet (Excel 2007) or (Excel 2003) NWMLS King Co. 658 likes. We also provide a comprehensive list of US government property sales. 3 percent from a year ago, according to figures released Monday by the Northwest Multiple Listing Homebuyers and sellers in the Seattle area are hunkering down, and it's not just the holidays or weather making them stay put. The Seattle real estate market is officially the most competitive in the country. If you’re a Seattle Bubble Member, the full data for all of these charts and more are uploaded to the members-only data repository. Developers will open more apartments in the Seattle area this year than they have in any of the previous 20. We’re in a housing boom due to a shortage of available supply and more importantly, long term structural changes in the real estate market. anvog, vp5m, ok6eq, 8mouh, yavvt, nvs9t, dieoc, dwbr2o, pt7g, 1zpt,