Wow, how could I forget this gem from November 2007? National Association of Realtors “Chief Economist” Lawrence Yun: Seattle a "superstar" market Seattle is becoming a “superstar” market, where housing costs may never settle back into historical relationships to incomes, a national analyst declared on Tuesday. Speaking at the annual conference of the National Association…
Tag: “Seattle is special”
Friday Flashback: NAR’s Laughable Seattle “Analysis”
A reader emailed me recently to remind me of this amusing document published by the National Association of Realtors in 2006: Home Price Analysis for Seattle-Tacoma-Bellevue (pdf). Quoting: With home prices rising strongly in most parts of the country, there has been widespread media coverage on the possibility of a housing market bust. A thorough…
Massive Imaginary Migration to Drive Seattle Recovery
As I was digging through local real estate stories last week, I was lucky enough to catch the following exchange on KUOW’s “Weekday” program last Thursday. Host Marcie Sillman discusses foreclosures and the Seattle-area housing market with guests Richard Hagar (real estate agent and appraiser) and Linda Taylor (housing director at the Urban League) in…
Housing Stats: Seattle vs. Other Big Cities
Building on the data that was presented yesterday, here’s a sortable table of some more detailed housing stats for the 25 largest US cities by population. Included below are population, density, median sale price, median price per square foot, median rent, median household income, median list price, and some ratios of sale prices to rents…
List Prices: Seattle vs. Other Large Cities
Admittedly, yesterday’s post comparing home prices in Seattle to a remote location in Wisconsin really wasn’t fair. Granted, it was posted more for humor than for serious consideration, but there are certainly better comparisons that we could have made. So what would be more fair? How about if we take the top 25 cities in…