As some long-time readers will recall, Larry Cragun is a former Issaquah real estate agent who received a brief mention in a previous Friday Flashback for his characterization of bubble blogs as “the babbling and whining of children.” But he really deserves to have a Friday Flashback all to himself. So that’s what he gets…
Tag: Friday Flashback
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: Expect prices to “go quite a bit higher.”
Here’a a great gem that was posted on Rain City Guide in April 2006 by Chuck Reiling: Are We Brewing A Bubble In Seattle? Probably the most frequent single question I get as a realtor from my friends and clients and contacts is “Are we in a real estate bubble?” …there are two kinds of…
Friday Flashback: “You will never see a major housing price crash here.”
Somehow last month I missed the five-year anniversary of my lengthy email conversation with local mortgage broker Steve Tytler. Some choice excerpts: I have been actively involved in the Seattle real estate market for more than 20 years and I have studied the market stats all the way back to the 1960’s. I can tell…