Tim Ellis

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. In his free time, he runs the independently-operated Seattle-area real estate website <a href="https://seattlebubble.com/" title="Seattle Bubble"><em>Seattle Bubble</em></a>, and produces the <a href="https://dispatches.fm/" title="Dispatches from the Multiverse">"Dispatches from the Multiverse" improvised comedy sci-fi podcast</a>.

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Most Recent

Asking Prices on New Listings Up 11% From 2020

Housing Market Update: Homebuyer Demand and Sellers’ Asking Prices Get a Late-Summer Boost

September 22, 2021

Home sale prices likely have room to grow as ultra-low mortgage rates lure more buyers to the market.

Seasonally Adjusted Home Sales Down 6% Year Over Year

Home Sales Fell 6% in August, the First Annual Decline in 15 Months

September 16, 2021

However, home prices were up 16%, and new listings posted their first year-over-year decline since February, which could signal a tightening market.

Housing Market Update: Pending Sales Show Smallest Year-Over-Year Increase in 15 Months

September 15, 2021

The 7% increase was the smallest since June 2020, but home prices rose 14% from a year earlier. Asking prices have also ticked up in recent weeks.

Rents and Homebuyer Mortgage Payments Both Rising Sharply in 2021

Rental Market Tracker: Mortgage Payments for New Homebuyers Are Rising 67% Faster Than Rents

September 10, 2021

However, rents are climbing rapidly in some places, up over 20% from a year earlier in many Florida metros, Riverside, CA, Phoenix and Las Vegas.

Housing Market Update: Despite Declining New Listings, Pending Sales Still Up 6% From 2020

September 8, 2021

Strong demand pushed home prices up 14% from a year earlier.

Housing Market Update: 9% Increase in Pending Home Sales is Slowest Growth Since June 2020

September 1, 2021

Homes are also taking longer to sell. Still, prices are up 15% from a year ago.