Seattle ranked as most overpriced real estate market

edited August 2007 in Seattle Real Estate
I found a new website today...

http://www.realestateconsulting.com/hcb.html

John Burns Consulting has ranked Seattle as the most overpriced real estate market in the country (well ok, so they're part of a 6 way tie for 1st) using May 2007 data. Portland, OR is also tied for 1st with us.

Tacoma and Olympia are also in their "significantly overpriced" category.

I wonder how Lizzy Rhodes would spin this!?

Comments

  • Awesome. I'm going to repost this elsewhere, giving you credit of course.
  • You just have to get into the game, that's what I was told, or you will be
    PRICED OUT FOREVER!
  • Lizzy Rhodes will not report this, as her sources tell her that Seattle real estate is special and should be in a completely separate category from the rest of the county. Our house values are immune to the claims of these John Burns people because they haven't factored in the pink ponies.
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