{"id":1306,"date":"2007-11-29T10:38:39","date_gmt":"2007-11-29T17:38:39","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/2007\/11\/29\/forbes-seattle-continues-its-ascent\/"},"modified":"2010-11-26T05:45:08","modified_gmt":"2010-11-26T13:45:08","slug":"forbes-seattle-continues-its-ascent","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2007\/11\/29\/forbes-seattle-continues-its-ascent\/","title":{"rendered":"Forbes: Seattle &#8220;Continues its Ascent&#8221;"},"content":{"rendered":"<p>These &#8220;top real estate market&#8221; lists by Matt Woolsey in Forbes are really starting to seem pointless and repetitive, but I suppose I should at least mention the latest one, since it will probably be proudly touted in local real estate marketing material for the next few months.  The latest fill-in-the-blanks list from star reporter <a href=\"http:\/\/seattlebubble.com\/blog\/index.php?s=Matt+Woolsey&amp;sbutt=Find\" title=\"Matt Woolsey on Seattle Bubble\">Matt Woolsey<\/a> is titled <a href=\"http:\/\/www.forbes.com\/realestate\/2007\/11\/21\/housing-best-worst-forbeslife-cx_mw_1121realestate.html\" title=\"Best And Worst U.S. Housing Markets\">Best And Worst U.S. Housing Markets<\/a>, and Seattle comes in at #8 on the &#8220;best&#8221; list.<\/p>\n<blockquote><p>Scaled-back lending practices, risky loans, oversupply and low demand continue to plague the nation&#8217;s housing markets, driving down prices and stalling sales.  But it&#8217;s not so in Salt Lake City, Charlotte, N.C., and San Jose, Calif., where prices have continued to climb without so much as a hiccup.<br \/>\n&#8230;<br \/>\nThe Emerald City housing market continues its ascent on the back of a strong local economy and the prudent construction rates of the past five years. Although prices are reaching record highs, the city remains a cheap alternative for Northern California residents and businesses looking for better value.<\/p><\/blockquote>\n<p>Funny he should say &#8220;continues its ascent,&#8221; right at the time when the ascent finally seems to be leveling off and changing into a <em>descent<\/em>.  Of course, if we stay behind the curve like we seem to have been the last five years or so, we could still qualify as one of the &#8220;best&#8221; housing markets <em>next<\/em> year on the way down, with a <span style=\"color: #ff0000\">-5%<\/span> change in prices, compared to <span style=\"color: #ff0000\">-10%<\/span> or more elsewhere.<\/p>\n<p>(<em>Matt Woolsey, <a href=\"http:\/\/www.forbes.com\/realestate\/2007\/11\/21\/housing-best-worst-forbeslife-cx_mw_1121realestate.html\" title=\"Best And Worst U.S. Housing Markets\">Forbes<\/a>, 11.21.2007<\/em>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>These &#8220;top real estate market&#8221; lists by Matt Woolsey in Forbes are really starting to seem pointless and repetitive, but I suppose I should at least mention the latest one, since it will probably be proudly touted in local real estate marketing material for the next few months. The latest fill-in-the-blanks list from star reporter&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[198],"tags":[89,190],"coauthors":[],"class_list":["post-1306","post","type-post","status-publish","format-standard","hentry","category-news","tag-forbes","tag-woolsey"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Forbes: Seattle &quot;Continues its Ascent&quot; \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2007\/11\/29\/forbes-seattle-continues-its-ascent\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Forbes: Seattle &quot;Continues its Ascent&quot; \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"These &#8220;top real estate market&#8221; lists by Matt Woolsey in Forbes are really starting to seem pointless and repetitive, but I suppose I should at least mention the latest one, since it will probably be proudly touted in local real estate marketing material for the next few months. 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