Seattle Area Housing Price Bubble?

Written By H. Pike Oliver

On June 2, 2016, the Seattle Times posted an insightful column by Jon Talton (@jontalton on Twitter) entitled Seattle housing: Is it a bubble?  His conclusion: "Perhaps, but probably not."

Over at seattlebubble.com, you will find an interactive graph provided via Tableau Public.  You can plot the year-over-year change in the Case-Shiller Housing Price Index for twenty metropolitan markets in the USA on a monthly basis going back as far as 1987 and, currently, to March 2016. See below for screen shot of the year-over-year change in the price index for the USA and the Seattle area for the past fifteen years (March 2001 to March 2016.)

H. Pike Oliver

Born and raised in the San Francisco Bay Area, H. Pike Oliver has worked on real estate development strategies and master-planned communities since the early 1970s, including nearly eight years at the Irvine Company. He resided in the City of Irvine for five years in the 1980s and nine years in the 1990s.

As the founder and sole proprietor of URBANEXUS, Oliver works on advancing equitable and sustainable real estate development and natural lands management. He is also an affiliate instructor at the Runstad Department of Real Estate at the University of Washington.

Early in his career, Oliver worked for public agencies, including the California Governor’s Office of Planning and Research where he was a principal contributor to An Urban Strategy for California. Prior to relocating to Seattle in 2013, Oliver taught real estate development at Cornell University and directed the undergraduate program in urban and regional studies. He is a member of the Urban Land Institute, the American Planning Association and a founder and emeritus member of the California Planning Roundtable.

Oliver is a graduate of the urban studies and planning program at San Francisco State University and earned a master’s degree in urban planning at UCLA.

https://urbanexus.com
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