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Results tagged “bottom”

Real Estate at Bottom of Slide?

Seattle Bubble sees a flatline, more or less, for housing prices since this March, with a loss of 22 percent off the price peak. So the question you have to ask yourself is, is this the moment when the hero pulls himself up over the edge of the cliff and dusts himself off...or is this the moment when the branch that stopped his fall pulls loose? Barring more economic shocks, we lean towards a slow recovery. But economic shocks aren't really barred, so long as Boeing is still thrashing around, trying to get its new plane to fly. more ›

Real Estate Editor Leaving the Seattle Times

This morning, Cindy Zetts, the Seattle Times real estate editor, decided to head for greener pastures, which seems to say something not good about both the real estate market and the Seattle Times. It's a kind of Black Friday Remix over there, as reporters make long walks into management offices. At the Times, the involuntary staff exodus shows no signs of abating--management keeps talking about belt-tightening but without giving any sense of where the last notch on the belt might be. And as the Seattle Bubble points out (with a sadly hilarious "bottom-calling" graph), the Seattle real estate market's bottom is proving to be elusive. more ›

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