Forbes has come out with yet another real estate “Top 10” list, this time gabbing on about the “Top Home Sellers’ Markets.” Interestingly, Seattle is conspicuously absent from the list. They explain: The MethodologyTo measure inventory glut, we used Moody’s Economy.com and National Association of Realtors data that tracked a market’s current sales rate by…
Tag: Forbes
Forbes: Seattle Has Already “Hit Bottom”
Sometimes you read something and it just makes you say “huh?!?” An article in Forbes last week titled Most Resilient U.S. Real Estate Markets gave me just such a moment. In it, Forbes writer Matt Woolsey attempts to predict the future, making some absolutely bizarre claims along the way: When it comes to real estate,…
Forbes: Seattle Job Market Middling
Seattle home prices can’t possibly fall, because we’ve got one of the best job markets in the country! At least, that’s how the argument goes… but according to the latest claims from Forbes, that argument might not hold much water. Oklahoma has inspired its share of songs and one memorable musical. But it’s not exactly…
Economy.com: Seattle Definitely Special
Commenter MIDan pointed out a downright funny article over at Forbes.com in which they publish graphs predicting the next ten years of real estate prices in 15 metro areas around the country, including Seattle. Here’s their graph for Seattle: You just know it has to be correct, because I mean listen to this terribly convincing…