Forget stocks. Don’t bet on gold. After four years of plunging home prices, the most attractive asset class in America is housing. That’s a direct quote from a fasinating article by Shawn Tully, entitled, Its Time to Buy Again from Fortune magazine. His article starts with information from Mike Castleman, the founder and CEO of Metrostudy, …
Tag Archive: new home sales
Nov 06
Seattle area home prices have corrected to what year? And, you say that’s good…??!
Did you know that the Portland and Seattle housing markets have corrected the least as compared to the rest of the national housing market? Click on the link to check it out. Real estate values for cities that had the biggest “bubble markets” are back to 2000 to 2002 median prices—with Detroit back to 1995 prices… Ouch. Yet some cities …
