Here are a few recent articles of interest that I thought might be worth discussion. Calculated Risk: The upward slope of Real House Prices I don’t think we have to choose between real prices and price-to-rent graphs to ask “how far out of line are house prices?” I think they are both showing that prices…
Tag: bottom-calling
Claim: Seattle Real Estate Market Suddenly Heating Up
Full disclosure: The Tim is employed by Redfin. Wednesday afternoon, Redfin CEO Glenn Kelman posted an interesting story on Redfin’s Seattle blog: "Everything Changed in the Past Six Weeks" Bryon Ziegler, part of Redfin’s crack Capitol Hill team, just wandered into my office to talk about bidding wars. The last ten straight offers he has…
Buy Low, Sell High. Is it possible to buy low today?
Buy low, sell high. It’s the #1 rule of investing. While buying a home is more than just an investment, it is the largest purchase most people will make in their lives, and even if you aren’t hoping to make a pile of easy money buying real estate, it’s still good to follow basic investment…
Bottom-Calling Checkup: Nope, Still No Bottom Sighted.
Let’s take some time to do another checkup on our February 2009 bottom-calling series. In our last checkup back in October we hadn’t found a bottom yet. Let’s see if we’re there yet. First up let’s have a look at an updated version of the “Blind Optimism” forecast chart: Oops. So much for blind optimism….
February Reporting Roundup: Super Distressed Edition
It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). First up, let’s have a look at the source material from the NWMLS itself….