When you read a story claiming that a “recovery” is just around the corner for real estate or that the housing market is “recovering,” what does that mean to you? Some people (mostly people who bought near the peak and real estate agents) think recovery means that home prices and home sales volumes will get…
Tag: recovery
Poll: What does economic recovery mean to you?
This poll was active 12.05.2010 through 12.11.2010.
NPR: Searching for the "New Normal" in the NW Housing Market
I did a phone interview a few weeks ago with Austin Jenkins, an NPR correspondent down in Olympia, about where the local housing market and economy are heading. Here is the resulting story: The New Normal: What Will The NW Housing Market Look Like? The Northwest economy is on the verge of recovery and with…
Boo-Hoo: Tighter Standards Help Kill Chances of Bubble Returning
I’m starting to sense something of a theme in some recent news pieces about the housing market. Consider the following quotes from two recent articles (emphasis mine). Reuters, June 22: Two U.S. Democratic lawmakers want Fannie Mae and Freddie Mac to relax recently tightened standards for mortgages on new condominiums, saying they could threaten the…