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. […]
Here are a few real estate headlines over the last few years from CNN Money: May 2006: Next hot market…think Washington (woo! everybody party!) June 2007: Where the housing boom goes on (Seattle, of course) May 2008: Bulletproof housing markets get hit (oops, we were wrong) May 2009: When it makes sense to rent (hope […]
With 2010 well behind us now, it’s past time for another roundup of yearly Seattle real estate market predictions. Here are our past prediction posts for 2007, 2008, 2009, & 2010. Rather than playing the usual game of scraping and searching through the local papers for notable prognosticators going on the record with someone else […]
Back in late 2007, I ran a post where we all postulated about what the coming years would look like for the Seattle-area housing market. Here were my best case, worst case, and most likely cases: Best Case Prices flat to +3% for ten or more years. Local economy keeps chugging, population gradually grows (but […]
I received a reader request via email a few days ago for an update on the Radar Logic dollars per square foot home price bottom chart from our February 2009 bottom-calling series. In our last checkup back in March, prices were still falling, and had almost reached the “bottom” from the February 2009 forecast of […]
A few readers were questioning why I didn’t write up a full post last month on Moody’s forecast that U.S. home prices will rise 7.2% between today and 2014, with prices in Seattle rising 26% and Bremerton shooting up a whopping 45%. Here’s a brief excerpt from the August 3rd Bloomberg article about the forecast: […]
This poll was active 07.18.2010 through 07.24.2010.