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Seattle Bubble Forum Archive • View topic - No impact of the credit-crunch on the local market?

No impact of the credit-crunch on the local market?

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No impact of the credit-crunch on the local market?

Postby EastSider » Thu Aug 23, 2007 6:51 pm

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Postby redmondjp » Thu Aug 23, 2007 11:21 pm

Fighting off Affluenza on the Eastside since 1995
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Postby rose-colored-coolaid » Fri Aug 24, 2007 2:02 pm

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Postby EastSider » Fri Aug 24, 2007 2:40 pm

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Postby rose-colored-coolaid » Fri Aug 24, 2007 3:40 pm

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Postby mike2 » Fri Aug 24, 2007 5:24 pm

Even after the market bottoms it's unlikely that we'll see an obvious turn around. A dead cat bounce or two is in order before we'll see solid appreciation again if past cycles are any guide.

That said, I wouldn't be surprised if some markets see a prolonged downturn reaching well into the next decade. Incomes and other demographic trends don't look too good for a number of higher priced areas.
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