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…
Tag: 2007
Friday Flashback: “Prices climb without a hiccup.”
For anyone who wonders why I pay little to no attention to Forbes when it comes to real estate, here’s a little flashback from late November 2007, four months after home prices peaked in Seattle. Scaled-back lending practices, risky loans, oversupply and low demand continue to plague the nation’s housing markets, driving down prices and…
Friday Flashback: WA Realtors’ Hilarious 2007 “FACTS”
The banner you see above is from a massive late 2007 ad campaign from our very own Washington Realtors that is a veritable gold mine of hilarity just three years later. Of course, the entire thing has long since disappeared from the Washington Realtors’ website, but guess who saved most of the material on his…
Friday Flashback: “Seattle isn’t like other cities.”
Time for another Friday Flashback! Today’s flashback comes at you from February 2007, as the Seattle Times declared 2007 to be “The year of the condo in downtown Seattle” (emphasis mine). [Condo developer David] Thyer insists that Seattle isn’t like other cities, where developers are struggling with an oversupply of new condos. There’s a demand…
Friday Flashback: “The Perfect Buyer’s Market”
Here’s a quote that may sound familiar… NWMLS director Joe Spencer, president of John L. Scott, Inc. described current conditions as the “Buy Zone” and “the perfect buyer’s market.” Looking at the housing market graphically over the past 25 years, it’s evident there are periods when conditions make it the perfect time to buy a…