Here’s a comment that was left recently by a reader that is a good example of an outlook shared by many people who sat out the housing bubble and have been waiting for “the bottom” or something close to it: Any top or bottom call needs to mention “investor” psychology since I believe psychology is…
Tag: psychology
Has the Tide Turned Against Home Ownership?
Now seems like as good a time as any to have another look at the “Cycle of Market Emotions”: The Cycle of Market Emotions By my reckoning, in late 2007 we were somewhere between anxiety and denial, and by mid-2010 we were treading water between fear and desperation. Today I suspect we’ve made it to…
Treading Water Between Fear and Desperation
It’s been quite a while since we had a look at the “Cycle of Market Emotions.” The Cycle of Market Emotions Last time, in late 2007 as prices just began to decline here in the Seattle area, I pegged our location on the curve at somewhere between anxiety and denial. Today I’d guess that we’re…
Looking back to look forward: Snohomish Co.
I want to talk about Snohomish Co., not that there’s anything wrong with King Co. (hey, I grew up on 23rd and Prospect on Capitol Hill, so I know the area). Not everyone in Snohomish Co. drives Ford trucks, has big hair/mullet and listens to Cinderella or Quiet Riot. Yeah, cheap shot. Moving on… The…
Has Seattle Reached a new Plateau?
A reader going by the name Angie has been making some comments on a couple of posts the last few days that merit further discussion: …the fact is that in some places in the US all but the very rich have been priced out forever! NYC, coastal southern California, San Francisco, etc, etc. It’s been…