Seattle Bubble

The Washington Center for Real Estate Research posted their latest “Market Snapshot” data (pdf) this week.
Here’s an article on the data from the Times: Home sales still sliding in state, Puget Sound region
WCRER director Glenn Crellin continues to blame the media and buyer fear for the floundering market:
“Buyers see and hear stories about the collapse [...]

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The Washington Center for Real Estate Research has released their data for the fourth quarter of 2007, and it finally has some good news for home buyers. According to the WCRER calculations, home prices in Q4 dropped 7% from the previous quarter ($472,000 to $439,000), which naturally edged the affordability index up slightly to [...]

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2007 Revisited
It’s that time of the year again. As the calendar rolls over, the real estate predictions start rolling in. But before we get to the predictions for 2008, let’s look back at 2007.
My own guesses as well as predictions from most of the frequently-quoted local real estate insiders were covered in this [...]

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While I was enjoying a relaxing weekend with my visiting brother-in-law, playing a copious amount of Xbox 360 and Wii games, the local press was going into overdrive with the real estate booster articles. It’s not worth my time or yours to have separate posts for each of them, so here is a link [...]

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If you’ve been reading this site for more than a few weeks, you’ve probably heard of the Washington Center for Real Estate Research at WSU and its spokesman Glenn Crellin. Mr. Crellin is frequently quoted as an authority on local real estate markets across Washington State. With a neutral-sounding name like “Center” and [...]

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The stories have been piling up in my inbox at a faster rate than I’ve been able to post them lately, so that means that it is time for another bubble link roundup. I’ve got a lot of ground to cover in this post, and I don’t want to totally clutter up the front [...]

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