Friday Flashback: Case-Shiller Home Price Losses Mapped

I thought it would be interesting to post one more viz on the latest Case-Shiller numbers. This time I’ve put the data from all twenty cities on a map. The size of each circle represents how far back prices have rewound (larger = further back), and the circles are color-coded by how much prices have […]

Friday Flashback: Seattle’s Housing Bubble All-Star Team

Rather than focus on just one article for today’s Friday Flashback, I thought it would be fun to highlight a montage of brief quotes from a handful of local real estate professionals. Marlow Harris on 360Digest, April 29, 2006: Housing Bubble Babble Though I concede that we could be in for a market correction or […]

Friday Flashback: “Home prices will not go any lower.”

Flashback to September 2006, when the 20-city Case-Shiller index was nearly 30% higher than its latest reading. The National Association of REALTORS® launched a “Public Awareness Campaign” titled It’s a Great Time to Buy or Sell a Home. The primary flier for this campaign is pictured at right. Here are the highlights from the flier: […]

Friday Flashback: “The last spaceship flight off a planet that’s about to explode”

Here’s one of my favorite pre-bursting-bubble gems. It’s an opinion piece that was published in the Seattle P-I on October 20, 2006, penned by guest columnist Sarah McCormic (her website even still features the article as a noteworthy sample of her work). photo by Flickr user jurvetson With friends who have also been lucky enough […]

Friday Flashback: Prices will never “stall or even fall”

April 30, 2006, The Seattle Times: Act fast: In many Seattle neighborhoods, few homes are for sale And so it continues to go in close-in Seattle and Eastside neighborhoods, as scores of well-qualified buyers like the Maxwells outnumber properties for sale, particularly those priced under $500,000. This is forcing buyers into lightning-fast decisions and bidding […]