For our next forecast, let’s refer to a dataset that we’ve only gone to once before on Seattle Bubble: Radar Logic’s Residential Property Index. Radar Logic analyzes home sales and produces a running index of sale prices in the Seattle metro area in terms of dollars per square foot. Here are our basic assumptions for…
Month: February 2009
Bottom-Calling: Inventory-Based Forecast
Long-time readers may recall Deejayoh’s inaugural Seattle Bubble article from June 2007: Why Inventory Matters. In it, he postulated that the Seattle-area Case-Shiller Home Price Index could be relatively accurately predicted fourteen months in advance by looking at year-over-year house inventory on the MLS. Let’s extend Deejayoh’s analysis fourteen months into the future to see…
Bottom-Calling Week on Seattle Bubble
There’s been a lot of talk lately about whether or not the Seattle-area real estate market is “at bottom.” Before I go any further, I should point out that as a practical matter, I think that it doesn’t really matter where the absolute bottom is. As I have always said: If you find a home…
Poll: Do you think you will lose your job in 2009?
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February 26 Community Forum on the Future of Journalism
The following is a blatantly-copied press release for an upcoming community event that I am (very loosely) involved in the organization of. Download the event flyer here (pdf), and spread the news to anyone you know that is interested in the future of journalism in Seattle (and elsewhere). Obviously I give the traditional fish wrap…