Washington State’s Chief Economist Arun Raha has been speaking this week about his expectations for Washington’s economy in 2010 and beyond, including his outlook for the local real estate market. Raha said the nation’s big banks are in better shape and are mostly back to normal in terms of lending money to customers with good…
Tag: predictions
Predictions: Looking Into the Crystal Ball for 2010
It is time once again for our annual predictions post, where your host goes on record with crazy shots in the dark about what might happen in the Seattle real estate market over the next calendar year. For those of you following along with this game at home, here are the predictions of record for…
Poll: Seattle’s Case-Shiller HPI for December 2010 will be…
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 01.09.2010.
Still Searching for the Home Price Bottom Around Seattle
A few people have asked for another checkup on our bottom-calling series from February, in which we explored six different methods of forecasting the bottom for Seattle-area home prices. Not much has changed since our most recent checkup in July, when prices as measured by the Case-Shiller Index were 22.5% off the peak (May data),…
Home Prices Going Back Down in 2010?
An interesting post on Calculated Risk this morning points out a few notable near-term home price predictions: Housing consultant Ivy Zelman via the New York Times: …home prices are going back down. Moody’s chief economist Mark Zandi via Bloomberg: I think we’re going to see another leg down. And Goldman Sachs chief economist Jan Hatzius:…