This is the last post in this impromptu series. There were just so many articles out there full of “expert” quotes and predictions about the Puget Sound’s economic outlook for 2007. Here are three more articles that discuss the interaction of the local housing market with the greater local economic picture. Surprisingly, the housing affordability…
Tag: predictions
Optimism on the Menu for 2007
In addition to the standard E. Rhodes fluff piece that Synthetik posted about on Sunday, there were a couple other articles posted over the weekend that conveyed a general sense of optimism about Seattle’s housing market in the coming year. Here are a few choice quotes from Mike Benbow’s article in the Everett Herald titled…
Always Trust The ‘Experts’
What’s the point about worrying about global warming when we’re getting all this hot air from Elizabeth Rhodes? Please enjoy this year end feel good article about our robust housing market here in Rain City. One of this year’s biggest residential real-estate topics was the anticipated slowdown in sales and appreciation. Would the Puget Sound…
"Local Prices Are Not Headed Backward"
Here’s a familiar song, courtesy of Tom Kelly at the Everett Herald. It used to be a popular notion among local real estate agents that the Northwest housing market lagged behind the California market by about six months. … I thought about that idea recently when I read that home sales decreased 30.1 percent in…
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…