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Tag: Friday Flashback

Friday Flashback: 10,000 New Condos Coming By 2010!

Posted on May 25, 2012May 25, 2012 by The Tim

Here’s a delightfully hyperbolic piece from June 2006, about a year before Seattle’s peak pricing (but eight months after sales began declining year-over-year). By this time most of the rest of the country had figured out the boom was over, but remember, Seattle was special! Blaine Weber, half of the big-time local architecture team of…

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Friday Flashback: Should Have Listened to Mr. Sohn

Posted on April 13, 2012April 13, 2012 by The Tim

From a NWMLS talking points memo that was circulated in June 2006: …the forecasts for housing price growth are calling for booming values in the state of Washington. For the June issue of MONEY Magazine, Fiserv Lending Solutions and Moody’s Economy.com provided forecasts for the coming 12 months for 380 metro areas – they predict…

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Friday Flashback: John L. Scott’s 2008 “Buy Smart Zone”

Posted on January 27, 2012January 27, 2012 by The Tim

Today’s Friday Flashback comes to us courtesy of John L. Scott (“Your Trusted Real Estate Resource”), who published this delightful “white paper” in early 2008, titled Why Now Is A Smart Time To Buy (pdf). Here are some selected excerpts: FACT: The housing market is undergoing a natural cyclical correction. …unlike what the media would…

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Friday Flashback: “Give thanks that you bit the bullet”

Posted on January 6, 2012January 9, 2012 by The Tim

I was just reminiscing with a friend about our old pal Elizabeth Rhodes, the Seattle Times’ former real estate reporter, when I came across this gem from July 2006, one year before Seattle homes hit their price peak, and the same month the Case-Shiller 20-city composite hit its peak: Local homes: Investments that just keep…

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Friday Flashback: “Just get on the up escalator!”

Posted on December 9, 2011 by The Tim

I was browsing through some old posts when I came across this one from April 2006, in which I highlighted an email I received from a local real estate salesman: Regardless of what happens with the bubble the longer you wait to purchase a home the harder it will become. The only time I would…

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