February, 2008: Gov. Chris Gregoire, at a Seattle economic forum Thursday, boasted she has found that Washington is “literally the envy of other states.” “I ask all of us to make sure that we do not buy into, or even for that matter, listen to, the dire talk internationally and nationally, because it can become…
Link Roundup: Incentives, Economic Woes, Alt-A, and More
Here are a few stories from the last week or so that are worth pointing out. First up a TV report from KOMO News: “Open House” — sign of the times in Snohomish County Real estate agents in Snohomish County are now resorting to a “shock treatment” for slouching home sales in their area. Realtors…
P-I’s Aubrey Cohen Tackles the Real Estate “Debate”
Rain City Guide, Seattle Real Estate Professionals, and Seattle Bubble all get mentions in Aubrey Cohen’s latest piece for the P-I: Debate over real estate goes online Real estate agent John “Mack” McCoy wasn’t expecting an argument when he started blogging about housing and commenting on other posts and news stories online. “I started out…
Poll: If home prices never again become affordable around Seattle, when would you consider moving away?
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 08.09.2008.
Bubbles vs. Steady Appreciation
Here’s an interesting way to look at the Case-Shiller data: comparing the actual index values to theoretical values as they would look if they grew at a steady rate year-over-year. The data starts in 1990 because that is the first year that the Case-Shiller index began tracking Seattle. 1990 may not be the best year…