The Real Estate Cycle in Seattle
There’s been a lot of talk about being late in the real estate cycle recently, but what exactly is the timing of this cycle and how does it pertain to the Greater Seattle region?
The 18 year real estate cycle, popularized by Roy Wenzlick in 1943 has been a phenomenon observed as far back as 1795. Wenzlick showed a very pronounced cycle of peaks and troughs in real estate activity that repeats approximately every 18.3 years (below).
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