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

H. Pike Oliver focuses on master-planned communities. He is co-author of Transforming the Irvine Ranch: Joan Irvine, William Pereira, Ray Watson, and THE BIG PLAN, published by Routledge in 2022.

Early in his career, Pike 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. For the next three decades, he was involved in master-planned development on the Irvine Ranch in Southern California, as well as other properties in western North America and abroad.

Beginning in 2009, Pike taught real estate development at Cornell University and directed the undergraduate program in Urban and Regional Studies. He relocated to Seattle in 2013 and, from 2016 to 2020, served as a lecturer in the Runstad Department of Real Estate at the University of Washington, where he also served as its chair.

Pike graduated from San Francisco State University's urban studies and planning program and received a master's degree in urban planning from UCLA. He is a member of the American Planning Association and the Urban Land Institute and a founder and emeritus member of the California Planning Roundtable.

https://urbanexus.com
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