Time for the monthly reporting roundup, where I read all the local paper rehashes of the NWMLS press release so you don’t have to. First up, an excerpt from the NWMLS press release itself: Northwest MLS brokers agree "there’s a lot to be optimistic about" “There’s a lot to be optimistic about,” according to one…
Tag: bottom-calling
Bottom-Calling Checkup: No Bottom In Sight Yet
Back in February while the market’s deep freeze was leading some observers to anxiously declare that we had reached the bottom, here at Seattle Bubble we sliced and diced the market in Bottom-Calling Week. In the series we explored six different analytical methods for predicting when real estate around Seattle would hit “the bottom.” Six…
John Talbott on Spotting the Bottom in Seattle Real Estate
In yesterday’s Bottom-Calling conclusion discussion, Sniglet asked: If Mr. Talbott’s predictions were to come true, and we reverted to 1997 prices, what would those be? What percentage of a decline would we be talking about for the Seattle area? I responded: Based on the January 1997 King County SFH Median of $179,500, and using the…
Bottom-Calling: So Where’s the Bottom?
So, after analyzing five (or six) different forecast methods, slicing and dicing the data, and squeezing out as many predictions as we can in a week, we’re left with one simple question: Where is the bottom? Here’s a summary of the bottom months for each of the forecasts we looked at this week: Even if…
Bottom-Calling: San Diego Lag Forecast
As regular readers of Seattle Bubble are aware, one of the most popular (and simultaneously one of the most controversial) charts we publish on a regular basis is the “Behind the Cycle” graph, which shows the year-over-year changes in Seattle and Portland’s Case-Shiller HPIs offset by 17 months from the YOY changes in the HPIs…