Speaking of the bottom, let’s have another checkup on how things are progressing with respect to our bottom-calling series from February, in which we explored six different methods of forecasting the bottom for Seattle-area home prices. Not a lot of news since our last checkup in December, when we had passed three of our six…
Tag: predictions
PNWHS & REBarCamp Audio Pencasts
For anyone who is interested in listening to some straight audio from yesterday’s PNWHS event and one session from today’s REBarCamp event, I present the pencasts below. Lennox Scott’s rousing main talk begins on page three of session 2. Float over the number in the lower-right of a pencast to jump between pages, then click…
Morsels of Market Musings from PNWHS
Rather than editorializing on everything I heard at the Pacific Northwest Housing Summit today, I thought you all might just enjoy some unfiltered quotes from the industry professionals. Bret Bertolin Senior Analyst, Washington State Economic and Revenue Forecast Council On the broad economy… We believe that the economy has turned the corner, and it pick…
Leading Housing Indicators Point to a Flat Economy
Yesterday Calculated Risk wrote an interesting post looking at what housing is telling us as a leading indicator of the economy: Historically the best leading indicator for the economy (and employment) has been housing. … So here is a review of the three monthly leading indicators: Housing Starts: Housing starts are moving sideways… Builder Confidence:…
Confidence Slows Recovery, Housing Bottom Still to Come
It would appear that our old friend Bill Virgin (formerly of the print P-I), is now writing a weekly column for the Tacoma News Tribune. Here are a few excerpts from his latest piece regarding what we may expect to see in store for the local economy in 2010: 2010 recovery will hinge on confidence…