{"id":18987,"date":"2012-02-16T15:00:41","date_gmt":"2012-02-16T23:00:41","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=18987"},"modified":"2012-02-16T14:52:07","modified_gmt":"2012-02-16T22:52:07","slug":"official-king-co-economic-forecast-cites-seattle-bubble","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2012\/02\/16\/official-king-co-economic-forecast-cites-seattle-bubble\/","title":{"rendered":"Official King Co. Economic Forecast Cites Seattle Bubble"},"content":{"rendered":"<p>Apparently Tom Goodwin, King County&#8217;s Chief Economist and head of the <a href=\"http:\/\/www.kingcounty.gov\/business\/Forecasting.aspx\" title=\"Office of Economic and Financial Analysis\">Office of Economic and Financial Analysis<\/a> is a Seattle Bubble reader, citing my chart of the <a href=\"http:\/\/seattlebubble.com\/blog\/2012\/02\/01\/case-shiller-tiers-seattles-low-tier-still-losing-big\/\" title=\"Case-Shiller Tiers: Seattle\u2019s Low Tier Still Losing Big\">decline from peak in Seattle&#8217;s Case-Shiller tiers<\/a> in a recent presentation to the Regional Policy Committee (be patient, the video takes a little while to load):<\/p>\n<p><object width=\"600\" height=\"493\" data=\"data:application\/x-silverlight-2,\" id=\"silverlightControl\" type=\"application\/x-silverlight-2\" style=\"margin:0;\"><param name=\"initParams\" value=\"AutoStart=False, StartPoint=1841, EndPoint=2135, SourceID=3373, SourceType=clip, EnableClosedCaptions=False, EmbedClipGuid=0bb4a17b-8343-418f-b8ec-9e3d09abdc55\" \/><param name=\"source\" value=\"http:\/\/king.granicus.com\/core\/Players\/SL\/ModernPlayer.xap\"\/><param name=\"background\" value=\"black\" \/><param name=\"minRuntimeVersion\" value=\"4.0.50401.0\" \/><param name=\"autoUpgrade\" value=\"true\" \/><param name=\"enablehtmlaccess\" value=\"true\"\/><a href=\"http:\/\/go.microsoft.com\/fwlink\/?LinkID=149156&#038;v=4.0.50401.0\" style=\"text-decoration:none\"><br \/>\n  <img decoding=\"async\" src=\"http:\/\/go.microsoft.com\/fwlink\/?LinkId=161376\" alt=\"Get Microsoft Silverlight\" style=\"border-style:none\"\/><br \/>\n<\/a><\/object><\/p>\n<p>You can <a href=\"http:\/\/king.granicus.com\/MediaPlayer.php?view_id=4&#038;clip_id=3373&#038;meta_id=123771\" title=\"Forecast for King County &#038; Puget Sound Economy in 2012\">watch the entire presentation here<\/a>, if you&#8217;re into that sort of thing.  Tom&#8217;s got quite a few charts of forecasts that bottom out in 2012 and then ramp up over the next few years.  Personally, I think he might be a bit too optimistic about the rate of recovery, but I do agree with him that the worst is most likely behind us.<\/p>\n<p><span style=\"font-size:85%;\">Hat tip to my coworker Lisa Taylor, who spotted this on <a href=\"http:\/\/www.kingcounty.gov\/kctv.aspx\">King County TV<\/a> last night.  Thanks Lisa!<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apparently Tom Goodwin, King County&#8217;s Chief Economist and head of the Office of Economic and Financial Analysis is a Seattle Bubble reader, citing my chart of the decline from peak in Seattle&#8217;s Case-Shiller tiers in a recent presentation to the Regional Policy Committee (be patient, the video takes a little while to load): You can&#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":[612,198],"tags":[58,370,14],"coauthors":[],"class_list":["post-18987","post","type-post","status-publish","format-standard","hentry","category-local","category-news","tag-king_county","tag-local-economy","tag-predictions"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Official King Co. Economic Forecast Cites Seattle Bubble \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\/2012\/02\/16\/official-king-co-economic-forecast-cites-seattle-bubble\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Official King Co. Economic Forecast Cites Seattle Bubble \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Apparently Tom Goodwin, King County&#8217;s Chief Economist and head of the Office of Economic and Financial Analysis is a Seattle Bubble reader, citing my chart of the decline from peak in Seattle&#8217;s Case-Shiller tiers in a recent presentation to the Regional Policy Committee (be patient, the video takes a little while to load): You can...\" \/>\n<meta name=\"twitter:image\" content=\"http:\/\/go.microsoft.com\/fwlink\/?LinkId=161376\" \/>\n<meta name=\"twitter:creator\" content=\"@The_Tim\" \/>\n<meta name=\"twitter:site\" content=\"@SeattleBubble\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The Tim\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2012\/02\/16\/official-king-co-economic-forecast-cites-seattle-bubble\/\",\"url\":\"https:\/\/seattlebubble.com\/blog\/2012\/02\/16\/official-king-co-economic-forecast-cites-seattle-bubble\/\",\"name\":\"Official King Co. Economic Forecast Cites Seattle Bubble \u2022 Seattle Bubble\",\"isPartOf\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2012\/02\/16\/official-king-co-economic-forecast-cites-seattle-bubble\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2012\/02\/16\/official-king-co-economic-forecast-cites-seattle-bubble\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/go.microsoft.com\/fwlink\/?LinkId=161376\",\"datePublished\":\"2012-02-16T23:00:41+00:00\",\"author\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\"},\"breadcrumb\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2012\/02\/16\/official-king-co-economic-forecast-cites-seattle-bubble\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/seattlebubble.com\/blog\/2012\/02\/16\/official-king-co-economic-forecast-cites-seattle-bubble\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2012\/02\/16\/official-king-co-economic-forecast-cites-seattle-bubble\/#primaryimage\",\"url\":\"http:\/\/go.microsoft.com\/fwlink\/?LinkId=161376\",\"contentUrl\":\"http:\/\/go.microsoft.com\/fwlink\/?LinkId=161376\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2012\/02\/16\/official-king-co-economic-forecast-cites-seattle-bubble\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/seattlebubble.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Official King Co. Economic Forecast Cites Seattle Bubble\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\",\"url\":\"https:\/\/seattlebubble.com\/blog\/\",\"name\":\"Seattle Bubble\",\"description\":\"local\u00a0real\u00a0estate\u00a0news, statistics,\u00a0and\u00a0commentary without\u00a0the\u00a0sales\u00a0spin.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/seattlebubble.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\",\"name\":\"The Tim\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/image\/37756956c11dcc50d2559761ffa5ee70\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g\",\"caption\":\"The Tim\"},\"description\":\"Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer \/ internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. Tim also hosts the weekly improv comedy sci-fi podcast Dispatches from the Multiverse.\",\"sameAs\":[\"http:\/\/SeattleBubble.com\/\",\"http:\/\/facebook.com\/is.totally.pointless\",\"https:\/\/x.com\/The_Tim\"],\"url\":\"https:\/\/seattlebubble.com\/blog\/author\/timothyellis\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Official King Co. Economic Forecast Cites Seattle Bubble \u2022 Seattle Bubble","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/seattlebubble.com\/blog\/2012\/02\/16\/official-king-co-economic-forecast-cites-seattle-bubble\/","twitter_card":"summary_large_image","twitter_title":"Official King Co. Economic Forecast Cites Seattle Bubble \u2022 Seattle Bubble","twitter_description":"Apparently Tom Goodwin, King County&#8217;s Chief Economist and head of the Office of Economic and Financial Analysis is a Seattle Bubble reader, citing my chart of the decline from peak in Seattle&#8217;s Case-Shiller tiers in a recent presentation to the Regional Policy Committee (be patient, the video takes a little while to load): You can...","twitter_image":"http:\/\/go.microsoft.com\/fwlink\/?LinkId=161376","twitter_creator":"@The_Tim","twitter_site":"@SeattleBubble","twitter_misc":{"Written by":"The Tim","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/seattlebubble.com\/blog\/2012\/02\/16\/official-king-co-economic-forecast-cites-seattle-bubble\/","url":"https:\/\/seattlebubble.com\/blog\/2012\/02\/16\/official-king-co-economic-forecast-cites-seattle-bubble\/","name":"Official King Co. Economic Forecast Cites Seattle Bubble \u2022 Seattle Bubble","isPartOf":{"@id":"https:\/\/seattlebubble.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/seattlebubble.com\/blog\/2012\/02\/16\/official-king-co-economic-forecast-cites-seattle-bubble\/#primaryimage"},"image":{"@id":"https:\/\/seattlebubble.com\/blog\/2012\/02\/16\/official-king-co-economic-forecast-cites-seattle-bubble\/#primaryimage"},"thumbnailUrl":"http:\/\/go.microsoft.com\/fwlink\/?LinkId=161376","datePublished":"2012-02-16T23:00:41+00:00","author":{"@id":"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f"},"breadcrumb":{"@id":"https:\/\/seattlebubble.com\/blog\/2012\/02\/16\/official-king-co-economic-forecast-cites-seattle-bubble\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/seattlebubble.com\/blog\/2012\/02\/16\/official-king-co-economic-forecast-cites-seattle-bubble\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/seattlebubble.com\/blog\/2012\/02\/16\/official-king-co-economic-forecast-cites-seattle-bubble\/#primaryimage","url":"http:\/\/go.microsoft.com\/fwlink\/?LinkId=161376","contentUrl":"http:\/\/go.microsoft.com\/fwlink\/?LinkId=161376"},{"@type":"BreadcrumbList","@id":"https:\/\/seattlebubble.com\/blog\/2012\/02\/16\/official-king-co-economic-forecast-cites-seattle-bubble\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/seattlebubble.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Official King Co. Economic Forecast Cites Seattle Bubble"}]},{"@type":"WebSite","@id":"https:\/\/seattlebubble.com\/blog\/#website","url":"https:\/\/seattlebubble.com\/blog\/","name":"Seattle Bubble","description":"local\u00a0real\u00a0estate\u00a0news, statistics,\u00a0and\u00a0commentary without\u00a0the\u00a0sales\u00a0spin.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/seattlebubble.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f","name":"The Tim","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/image\/37756956c11dcc50d2559761ffa5ee70","url":"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g","caption":"The Tim"},"description":"Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer \/ internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. Tim also hosts the weekly improv comedy sci-fi podcast Dispatches from the Multiverse.","sameAs":["http:\/\/SeattleBubble.com\/","http:\/\/facebook.com\/is.totally.pointless","https:\/\/x.com\/The_Tim"],"url":"https:\/\/seattlebubble.com\/blog\/author\/timothyellis\/"}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6wh0F-4Wf","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/posts\/18987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/comments?post=18987"}],"version-history":[{"count":0,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/posts\/18987\/revisions"}],"wp:attachment":[{"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/media?parent=18987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/categories?post=18987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/tags?post=18987"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/coauthors?post=18987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}