Seattle Bubble

News & discussion about real estate & the housing bubble in the Seattle area.

Seattle Bubble - News & discussion about real estate & the housing bubble in the Seattle area.

Follow-Up: Anecdotal Evidence, Pt. 4

Posted by The Tim on December 20th, 2005 at 12:00 PM · 3 Comments

Data has been posted online regarding the condo that sold last month. It seems that they got just what they were asking, a cool three hundred thousand, which you will recall is $19,000 more than the unit next door sold for just two months earlier. Dang.

I’ll keep my eyes open as new properties are put on the market in my neighborhood.

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3 responses so far ↓

  • 1 ocrenter's avatar ocrenter // Dec 23, 2005 at 9:20 am

    I’m not suprised. Seattle’s got a late start to this bubble thing. The inventory numbers are still relatively low compared to Calif/Vegas/Phoenix.

  • 2 Anonymous's avatar Anonymous // Dec 27, 2005 at 10:38 pm

    Seattle’s got it’s head in the sand about this one. Seattle-Bellevue-Everett area is # 9 on the list of areas w/ highest # of interest only loans- right after all the bubbly S Cal. and Phoenix markets. If the economy here is so great and housing so affordable, why all the risky loans?

  • 3 Anonymous's avatar Anonymous // Jan 1, 2006 at 7:16 pm

    Well, there is still hope for housing in Fort Collins, Colorado (Intel, HP, Woodward Governor…but Celestica is leaving)

    Check out the listings here:
    http://www.coloproperty.com/

    For example, check out this bargain near CSU:

    http://www.coloproperty.com/Reports/index.cfm?&Action=DetailReport&MLSNumber=473889

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