Apparently Tom Goodwin, King County’s Chief Economist and head of the Office of Economic and Financial Analysis is a Seattle Bubble reader, citing my chart of the decline from peak in Seattle’s Case-Shiller tiers in a recent presentation to the Regional Policy Committee (be patient, the video takes a little while to load): You can…
Tag: predictions
What’s the Bright Spot in Today’s Market?
I had the privilege last night of moderating a panel discussion about local and national real estate for the Seattle Alternative Investment Association (SAIA). The panel consisted of: Stan Humphries, Zillow Chief Economist Tim Terrill, Chief Operating Officer of Walton Development and Management Karen Weaver, Head of Market Strategy and Research at Seer Capital The…
Low Rates Make WA Real Estate Appear Undervalued
I was going through some older posts recently, looking for some ideas of data sets to update, when I came across this November 2007 post written by Deejayoh: Washington Real Estate: 40% overvalued? Here’s a brief excerpt from his post: I ran across this very interesting analysis of the California real estate market by Goldman…
Poll: How much further are (real) Seattle-area home prices likely to fall in the next 5 years?
This poll was active 04.03.2011 through 04.09.2011.
Bottom-Calling Checkup: Nope, Still No Bottom Sighted.
Let’s take some time to do another checkup on our February 2009 bottom-calling series. In our last checkup back in October we hadn’t found a bottom yet. Let’s see if we’re there yet. First up let’s have a look at an updated version of the “Blind Optimism” forecast chart: Oops. So much for blind optimism….