Seattle Bubble Forum Archive • View topic - Lawrence Yun on Seattle: No market recovery in sight.

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Seattle Bubble Forum Archive • View topic - Lawrence Yun on Seattle: No market recovery in sight.

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Lawrence Yun on Seattle: No market recovery in sight.

Posted: Mon Jun 09, 2008 1:47 pm

by The Tim

Re: Lawrence Yun on Seattle: No market recovery in sight.

Posted: Wed Jun 11, 2008 12:48 am

by sorin

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.