Comments on: Pierce Also Feeling Slowdown http://seattlebubble.com/blog/2006/04/06/pierce-also-feeling-slowdown/ local real estate news, statistics, and commentary without the sales spin. Mon, 15 Mar 2010 01:03:50 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: Anonymoushttp://seattlebubble.com/blog/2006/04/06/pierce-also-feeling-slowdown/#comment-629 Anonymous Fri, 07 Apr 2006 16:40:23 +0000 http://seattlebubble.com/blog/?p=181#comment-629 The TNT reports today that homes are selling well in most of Tacoma but not in Puyallup and the smaller surrounding cities. Anyone have a theory on why this could be? My theory is only rich hipsters and investors, are buying in trendy Tacoma and "up-and-coming" neighborhoods. While families, who traditionally buy in suburbs, are out of the market.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('629','Anonymous',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('629','Anonymous','The TNT reports today that homes are selling well in most of Tacoma but not in Puyallup and the smaller surrounding cities. Anyone have a theory on why this could be? My theory is only rich hipsters and investors, are buying in trendy Tacoma and \"up-and-coming\" neighborhoods. While families, who traditionally buy in suburbs, are out of the market.',''); return false;">Quote</a></div> The TNT reports today that homes are selling well in most of Tacoma but not in Puyallup and the smaller surrounding cities. Anyone have a theory on why this could be? My theory is only rich hipsters and investors, are buying in trendy Tacoma and “up-and-coming” neighborhoods. While families, who traditionally buy in suburbs, are out of the market.
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]]> By: Anonymoushttp://seattlebubble.com/blog/2006/04/06/pierce-also-feeling-slowdown/#comment-626 Anonymous Fri, 07 Apr 2006 14:32:05 +0000 http://seattlebubble.com/blog/?p=181#comment-626 Surging is a misquote of what's really going on.. if sales are off, but prices keep surging, its a dynamic similiar to a game of chicken. That and if median goes up, it doesn't account for things like first-time buyer numbers, etcetera... Most housing declines are preceeded by irrational upticks in prices, what's not accounted for in the MLS is actual sale prices vs. listing prices. Anybody can list a house for a gazillion dollars, but over time it will slide back into the sea...<br/><br/>A rising tide does not lift all boats<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('626','Anonymous',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('626','Anonymous','Surging is a misquote of what\'s really going on.. if sales are off, but prices keep surging, its a dynamic similiar to a game of chicken. That and if median goes up, it doesn\'t account for things like first-time buyer numbers, etcetera... Most housing declines are preceeded by irrational upticks in prices, what\'s not accounted for in the MLS is actual sale prices vs. listing prices. Anybody can list a house for a gazillion dollars, but over time it will slide back into the sea...<br\/><br\/>A rising tide does not lift all boats',''); return false;">Quote</a></div> Surging is a misquote of what’s really going on.. if sales are off, but prices keep surging, its a dynamic similiar to a game of chicken. That and if median goes up, it doesn’t account for things like first-time buyer numbers, etcetera… Most housing declines are preceeded by irrational upticks in prices, what’s not accounted for in the MLS is actual sale prices vs. listing prices. Anybody can list a house for a gazillion dollars, but over time it will slide back into the sea…

A rising tide does not lift all boats

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]]> By: Anonymoushttp://seattlebubble.com/blog/2006/04/06/pierce-also-feeling-slowdown/#comment-625 Anonymous Fri, 07 Apr 2006 05:39:14 +0000 http://seattlebubble.com/blog/?p=181#comment-625 What about the price climb in 17 of the 20 counties ?<br/><br/>http://seattletimes.nwsource.com/html/businesstechnology/2002915367_webhomesales06.html<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('625','Anonymous',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('625','Anonymous','What about the price climb in 17 of the 20 counties ?<br\/><br\/>http:\/\/seattletimes.nwsource.com\/html\/businesstechnology\/2002915367_webhomesales06.html',''); return false;">Quote</a></div> What about the price climb in 17 of the 20 counties ?

http://seattletimes.nwsource.com/html/businesstechnology/2002915367_webhomesales06.html

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