These two charts show normal moves in a Real Estate cycle. Some think the Real Estate market goes straight up. Not true. It is cyclical and I believe we are in the Anxiety (chart 1)and the post boom (chart 2)of the cycle and it will take a bit of time to go through the trough. Here are some charts showing emotional cycles and Business cycles.

Chart 1

Real Estate emotional cycle

Chart 2

Real Estate cycle

 

What do you think?

 
This post has been included in Washington Information King County, WA Information

6 Comments on Pictures say a thousand words! Where is the Real Estate Market now?

Well, I will disagree ( amicably ) with where we might be in the cycle.  Looks to me like we are at least in the " Capitulation " phase, or a little further.  Thanks for the post.

09/26/2007 01:06 PM by Bill Gillhespy Fort Myers Beach Realtor (Century 21 Tripower Realty)

The typical cycle that we go through, is, on average, every ten years.  I have been through it a few times;)

It's a Good Life!

Fran Rokicki, Clubnet~Mentor

09/26/2007 01:22 PM by Frances C. Rokicki, Broker~Mentor (Fran Rokicki Realty, LLC)

Interesting, Jason.  Thanks.  I'm with Bill on where we seem to be now.

09/26/2007 01:23 PM by Joan Snodgrass Tri-Lakes Realtors, Shell Knob, MO (Tri- Lakes REALTORS)

Bill,   You may be right in your area, but we are always a little behind you, here in Washington State.

09/26/2007 04:14 PM by Jason Schweiger (Real Estate 2000)

Love the chart! The only problem is convincing people where we are on the chart!

09/28/2007 12:10 AM by Todd Clark (Realtor), GRI (Washington Co, Beaverton Oregon) (Kastings & Associates, Beaverton Oregon Real Estate)

Jason ~  Love the charts.  We just need to be able to show people facts backing up where they cycle on the chart is at.  Very informative post.  Keep up the good work!  :)  Enjoy your day...

09/30/2007 10:32 AM by Sarah Eubanks ~ Preferred Oregon Loan Consultant & Notary Public (Hill Valley Financial Services)

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Real Estate Agent: Jason Schweiger (Real Estate 2000)
Jason Schweiger
Kent, WA
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Real Estate 2000

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South King County Real Estate agent working hard for my clients in the Puget Sound region including Kent, Auburn, Maple Valley, Covington, and Renton.

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