A reader emailed me recently to remind me of this amusing document published by the National Association of Realtors in 2006: Home Price Analysis for Seattle-Tacoma-Bellevue (pdf). Quoting: With home prices rising strongly in most parts of the country, there has been widespread media coverage on the possibility of a housing market bust. A thorough…
Tag: Friday Flashback
Friday Flashback: Homeowners Will Just Stay Put
Here’s a flashback to Summer of 2006, when I was engaged in a very wordy blog / counter-blog debate with local real estate professional Gregory Wharton. Here are a few excerpts from his posts. July 3rd, 2006: Looking at the factors discussed in the previous four chapters, we can see that not only was there…
Friday Flashback: You Missed Seattle’s Bottom in 2006
Here’s a flashback from June 2007, courtesy of Forbes: Most Resilient U.S. Real Estate Markets When it comes to real estate, the questions on everyone’s lips are: How low is low, and when’s the perfect time to buy back in? That moment has passed in Seattle and Charlotte—both metros hit bottom in the first quarter…
Friday Flashback: Why Second-Guess Forbes & Moody’s?
Today’s flashback comes from September 2006, when Forbes tackled the question: How Low Will Real Estate Go? Get used to it—the seller’s market is closing up shop. The days of fat, fast home value increases are gone. Pack away those flipping fantasies. “The boom is definitely over, there’s no debate about that,” said Mark Zandi,…
Friday Flashback: “The impossible happened.”
I received the following email totally unsolicited this week from a local agent that I sparred with a couple of times on these pages back in 2007: You were right. I was wrong. A few years ago you predicted how terrible the market would be. I doubted you. Why? Having gone through the tech led…