Seattle Real Estate in 2023 (via Parks & Recreation)

What will the Seattle real estate market look like eight years from now? Not much different than it does today, if “Parks & Recreation” is to be believed.

For those who have been living in a TV culture vacuum for the last seven years, Parks & Recreation was an NBC TV show about local government and politics in a small fictional Indiana town. Although the show never really ventured to the west coast, they managed to slip a 30-second gag about the Seattle real estate market into their series finale last week.

I got a laugh out of it, anyway. Although, the thought that “giant commission checks” will still be common for real estate agents nearly a decade from now is somewhat depressing to someone who would like to see more disruption in that part of the market.

You can pre-order the complete series of Parks & Recreation on DVD on Amazon here.

Note to NBC lawyers: This 36-second clip is posted under the Fair Use Doctrine, for purposes of commentary.


About The Tim

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.

2 comments:

  1. 1
    Rudolfo says:

    I do believe that the real estate agent portion of the value chain will change significantly by 2023 – which is sad for those who are riding the gravy train right now.
    But it is a value chain.

  2. 2
    David B. says:

    With respect to comparative prices, I predict the local market will be in basically the same place it is today in eight years, which is basically the same place it’s been ever since I first moved to this area in the late 1980s: more expensive than nationwide norms, but less costly than the most expensive markets in the country (NYC and big coastal cities in California).

    There will still be the “buy NOW before prices get as unaffordable as they are in NYC/Cal” crowd (and gullible fools falling for that line), but prices here just won’t ever reach that level. If they ever did, it wouldn’t last: enough people prefer warmer and sunnier conditions that if it were possible to live in California for the same price as Seattle, they would (and the demand shift would cause the price differential to re-establish).

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