Comments on: Case-Shiller: Seattle Home Prices Down Nearly 10% from Last Year http://blog.redfin.com/seattle/2008/12/case-shiller_seattle_home_prices_down_nearly_10_from_last_year.html Redfin Seattle Sweet Digs Sat, 11 Feb 2012 00:35:59 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: EastsideRE http://blog.redfin.com/seattle/2008/12/case-shiller_seattle_home_prices_down_nearly_10_from_last_year.html/comment-page-1#comment-5217 EastsideRE Thu, 04 Dec 2008 23:16:07 +0000 http://blog.redfin.com/seattle/2008/12/case-shiller_seattle_home_prices_down_nearly_10_from_last_year.html#comment-5217 Interesting analysis except for your last paragraph. You were pretty much on track in not making any dramatic leaps away from the data, until the crystal ball comes out and the drama begins. "...extreme drops of 20% or more"? Where is this from? "...virtually unavoidable minimum bottom."? virtually unavoidable? So there's hope the market will never ever bottom? Now that's some news! minimum bottom? isn't a bottom already the minimum? Is there a maximum bottom? Why not throw in a "crumble like the pillars of Rome" metaphor to finish off the crescendo? Interesting analysis except for your last paragraph. You were pretty much on track in not making any dramatic leaps away from the data, until the crystal ball comes out and the drama begins.

“…extreme drops of 20% or more”?
Where is this from?

“…virtually unavoidable minimum bottom.”?
virtually unavoidable? So there’s hope the market will never ever bottom? Now that’s some news! minimum bottom? isn’t a bottom already the minimum? Is there a maximum bottom?

Why not throw in a “crumble like the pillars of Rome” metaphor to finish off the crescendo?

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