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Reload this Page Top NAR economist changes tune on Seattle real estate... (sales, foreclosures)
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Old 06-16-2008, 09:34 PM
Oh, yeah!
  
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Default Top NAR economist changes tune on Seattle real estate...
From "Seattle is underpriced in relation to other West Coast markets." and "Seattle-area home prices are manageable for typical workers."
Economist: Seattle-area home prices manageable for typical workers

to

"Buyers are simply unable to afford these higher prices."
Pending Sales Surge Where Foreclosures Purge - Forbes.com

in four months.

That's very interesting. And sort of weird, for Lawrence Yun.
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Old 06-16-2008, 10:13 PM
Real Estate Agent
  
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How long have a lot of people known that Seattle area real estate prices were too high for the average person to afford?

I suppose it's a good thing that Lawrence Yun is changing his tune, but don't you think he's a little late to the party?
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Old 06-18-2008, 07:38 PM
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Top 100 markets forecast: Where home prices are headed next - May. 7, 2008

Where home prices are headed next:

Want to know what your home will be worth this time next year? Check out these home price forecasts for the 100 largest U.S. markets, from Money Magazine
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