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Tag: Cohen

Bubble Link Roundup

Posted on March 5, 2007 by The Tim

It’s time to clear out all the news alerts in my inbox again. Here’s another round of local real estate links from the past few weeks: Seattle definitely appears to be “special” in one area: real estate websites. Ms. Rhodes reports on ForeclosurePoint; the latest to join the fray. Bremerton: up and coming? If you…

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"Quite frankly, it’s time to buy."

Posted on February 20, 2007May 8, 2012 by The Tim

I think maybe there is some kind of virus infecting the minds of potential homebuyers. The virus settles into the brain and causes the victim to lose the capacity for rational thought in matters of real estate. Symptoms include the delusions that “I need to buy now or I’ll be priced out forever,” “I should…

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Our Doom and Gloom Media

Posted on February 16, 2007 by The Tim

It seems that every time the local press prints a story that is slightly less than 100% “rah-rah, go home prices” people come crawling out of the woodwork to accuse them of using “doom and gloom” or “sensationalism” to sell papers. Accusations like that really amuse me, since (as regular readers of these pages know…

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January Reporting Roundup

Posted on February 8, 2007 by The Tim

Let’s have a look at the local press reaction to the market’s continued slowdown, shall we? First up, the poster child for slowdown denial in the media, Elizabeth Rhodes. This month she actually managed to sandwich a morsel of reality in between the excuses and the unbridled optimism: A nasty dose of winter last month…

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Fleckenstein: Seattle "Just a Little Less Dark"

Posted on January 31, 2007 by The Tim

Wow, Aubrey Cohen over at the P-I is really slipping lately. First he prints the prediction that Seattle will see “slight year-over-year price declines this spring or summer,” and now he has penned an entire article about Bill Fleckenstein’s “not-so-rosy” outlook for local real estate. Like many economists and real estate professionals, hedge fund manager…

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