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.
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.
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?
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
[...] This is at least worth a brief mention. Another unit has come up for sale in the condo complex in my neighborhood that was the subject of my first anecdotal post. Actually, it’s not “another unit” but rather the same unit that sold just over a year ago. [...]