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Our "Bubble-Proof" Market... According to CNNmoney.com

By
Real Estate Agent with John L. Scott Real Estate / Yelm

Champagne Bubbles

 

According to CNNmoney.com, Seattle has joined an elite class of "Bubble-Proof" markets.

The National average annual home price appreciation from 1949-2006 was 2.3%. San Francisco came in #1 in the country at 4.2% annual appreciation, Los Angeles came in #2 with 3.7%. The BIG NEWS for us is that the fine Seattle market had the third best market in the country for over half a century at 3.2%.

Thats huge!!

Nice to see more confirmation that the only "Bubble" we'll see will come from a Champagne Bottle!

 

Read the CNNmoney Article for Yourself...

 

Keith Jeppson - Salt Lake City Real Estate
Everest Realty Group - Holladay, UT
Great post Bill, and a terrific report you can use in prospecting and beating the bubble all next year.  The Salt Lake Market wasn't in the good or bad column.  I'll accept that.  Have a great 2007!
Dec 04, 2006 04:39 AM