Friday Flashback: “It’s no wonder people are confused.”

Today’s Flashback comes from March 2008: Area’s housing isn’t doom and gloom, experts say

Area real estate professionals and politicians want to clear something up.

Now is a good time to buy and sell real estate in Snohomish County, no matter what people may be hearing about the national market.

The panel of industry experts held a town hall meeting in Lynn­wood on Thursday for that purpose that drew about 200 people.

Friday Flashback: “We’re going fight the media”

Here’s a gem in a KOMO article from July 2008: "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 advertised more than 400 open houses over the weekend. Agents say they hope playing […]

Friday Flashback: “Prices more than held their own.”

Six months after home prices in the Seattle area began declining from their July 2007 peak, the annual report from the NWMLS led to a series of amusingly rosy stories in the local press in early 2008. Here’s a typical example from the Seattle Times: ’07 home prices not so bad after all With all […]

Friday Flashback: “What more can you ask for?”

Here’s an excerpt from an a Q&A with the then-president of the Thurston County Realtors Association Bill Hutchinson that appeared in The Olympian in February 2008 (now available only behind their archive paywall): Q: Given where the market is today compared with a couple of years ago, what would your advice be for sellers and […]

Friday Flashback: Lawrence Yun: “Seattle is Underpriced”

Wow, how could I forget this gem from November 2007? National Association of Realtors “Chief Economist” Lawrence Yun: Seattle a "superstar" market Seattle is becoming a “superstar” market, where housing costs may never settle back into historical relationships to incomes, a national analyst declared on Tuesday. Speaking at the annual conference of the National Association […]

Friday Flashback: Christine Gregoire’s 2008 Advice – “Our economy is strong. Buy your home.”

Back in January 2008, nearly two years after the housing bust began, and six months after home prices peaked in the Seattle area, Washington State Governor Christine Gregoire was hitting the campaign trail with a reelection message powered by complete denial: Addressing the politically powerful Washington Realtors, the Democratic governor said she sometimes wishes people […]

Friday Flashback: John L. Scott’s 2008 “Buy Smart Zone”

Today’s Friday Flashback comes to us courtesy of John L. Scott (“Your Trusted Real Estate Resource”), who published this delightful “white paper” in early 2008, titled Why Now Is A Smart Time To Buy (pdf). Here are some selected excerpts: FACT: The housing market is undergoing a natural cyclical correction. …unlike what the media would […]