Thanks for the link. Wow, so even the NAR's chief economist is publicly saying that Seattle is overpriced and due to drop. Apparently he forgot to drink his pink kool-aid and started looking at the data.
Really though, it isn't hard to see that affordability is shot. It's about time the NAR started acknowledging that a price correction is necessary.
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Lawrence Yun on Seattle: No market recovery in sight.
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Lawrence Yun on Seattle: No market recovery in sight.
by The Tim » Mon Jun 09, 2008 1:47 pm
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Re: Lawrence Yun on Seattle: No market recovery in sight.
by sorin » Wed Jun 11, 2008 12:48 am
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