Comments on: Gregoire: “The economy is strong. Buy your home.” http://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/ local real estate news, statistics, and commentary without the sales spin. Sat, 20 Mar 2010 22:52:15 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: Gregoire Ignored Budget Warnings, Now Faces the Consequences | Seattle Bubble — News & discussion about real estate & the housing bubble in the Seattle area.http://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-66151 Gregoire Ignored Budget Warnings, Now Faces the Consequences | Seattle Bubble — News & discussion about real estate & the housing bubble in the Seattle area. Mon, 16 Feb 2009 19:15:13 +0000 http://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-66151 [...] does anyone remember back in January, when Gregoire said this: Iā€™m struggling to get the message out to Washingtonians. The economy is [...]
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]]> By: nitsujhttp://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-39187 nitsuj Sat, 02 Feb 2008 17:35:54 +0000 http://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-39187 "Rents will increase no more rapidly than wages, period."You're <i>obviously</i> not listening to your local RE agent<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('39187','nitsuj',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('39187','nitsuj','\"Rents will increase no more rapidly than wages, period.\"\r\n\r\nYou\'re <i>obviously<\/i> not listening to your local RE agent',''); return false;">Quote</a></div> “Rents will increase no more rapidly than wages, period.”

You’re obviously not listening to your local RE agent

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]]> By: [troll]http://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38940 [troll] Thu, 31 Jan 2008 20:19:01 +0000 http://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38940 The Tim - when you run for governor, I'll vote for you. I know you will be able to outdo either Christine or Dino in anything! You da man - you figured out how to set up a blog all by yourself!!!!<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('38940','[troll]',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('38940','[troll]','The Tim - when you run for governor, I\'ll vote for you. I know you will be able to outdo either Christine or Dino in anything! You da man - you figured out how to set up a blog all by yourself!!!!',''); return false;">Quote</a></div> Th Tm – whn y rn fr gvrnr, ’ll vt fr y. knw y wll b bl t td thr Chrstn r Dn n nythng! Y d mn – y fgrd t hw t st p blg ll by yrslf!!!!< hrf="#" clss="rplyt" nclck="rplyt('38940','∓#91;trll∓#93;',''); rtrn fls;">Rply – < hrf="#" clss="qt" nclck="qt('38940','∓#91;trll∓#93;','Th Tm - whn y rn fr gvrnr, \'ll vt fr y. knw y wll b bl t td thr Chrstn r Dn n nythng! Y d mn - y fgrd t hw t st p blg ll by yrslf!!!!',''); rtrn fls;">Qt

]]> By: Cougarhttp://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38424 Cougar Wed, 30 Jan 2008 01:41:33 +0000 http://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38424 Whoops - here it comes! seattletimes.com: FBI: 14 companies under investigation for possible subprime loan fraud; http://seattletimes.nwsource.com/html/businesstechnology/2004152351_websubprimefraud29.htmlHow will this effect sales?<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('38424','Cougar',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('38424','Cougar','Whoops - here it comes!\r\nseattletimes.com: FBI: 14 companies under investigation for possible subprime loan fraud;\r\nhttp:\/\/seattletimes.nwsource.com\/html\/businesstechnology\/2004152351_websubprimefraud29.html\r\n\r\nHow will this effect sales?',''); return false;">Quote</a></div> Whoops – here it comes!
seattletimes.com: FBI: 14 companies under investigation for possible subprime loan fraud;
http://seattletimes.nwsource.com/html/businesstechnology/2004152351_websubprimefraud29.html

How will this effect sales?

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]]> By: Moe Ronn - Realitorhttp://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38423 Moe Ronn - Realitor Wed, 30 Jan 2008 01:33:25 +0000 http://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38423 Rents will increase no more rapidly than wages, period.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('38423','Moe Ronn - Realitor',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('38423','Moe Ronn - Realitor','Rents will increase no more rapidly than wages, period.',''); return false;">Quote</a></div> Rents will increase no more rapidly than wages, period.
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]]> By: EconEhttp://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38416 EconE Wed, 30 Jan 2008 00:44:18 +0000 http://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38416 Why aren't they practicing what they preach?Because most of them are trying to sell their own stock of "investments". Just do a KC parcel search for the many of the new condos...you'll see that there are quite a few Realtor/flippers.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('38416','EconE',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('38416','EconE','Why aren\'t they practicing what they preach?\r\n\r\nBecause most of them are trying to sell their own stock of \"investments\". Just do a KC parcel search for the many of the new condos...you\'ll see that there are quite a few Realtor\/flippers.',''); return false;">Quote</a></div> Why aren’t they practicing what they preach?

Because most of them are trying to sell their own stock of “investments”. Just do a KC parcel search for the many of the new condos…you’ll see that there are quite a few Realtor/flippers.

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]]> By: nitsujhttp://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38415 nitsuj Wed, 30 Jan 2008 00:27:49 +0000 http://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38415 EXACTLY! And you can ALWAYS rent it out in the hot rental market with rapidly increasing rents.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('38415','nitsuj',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('38415','nitsuj','EXACTLY! And you can ALWAYS rent it out in the hot rental market with rapidly increasing rents.',''); return false;">Quote</a></div> EXACTLY! And you can ALWAYS rent it out in the hot rental market with rapidly increasing rents.
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]]> By: David McManushttp://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38414 David McManus Wed, 30 Jan 2008 00:14:13 +0000 http://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38414 <i>"Of course that would assume anybody preaching about how good the market is would put their money where their mouth is."</i>I'll go even further. How come most of the Realtors out there aren't practicing what they preach and buying every home that they can get their hands on? After all, they tell us it's such a great "investment" and that it always goes up.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('38414','David McManus',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('38414','David McManus','<i>\"Of course that would assume anybody preaching about how good the market is would put their money where their mouth is.\"<\/i>\r\n\r\nI\'ll go even further. How come most of the Realtors out there aren\'t practicing what they preach and buying every home that they can get their hands on? After all, they tell us it\'s such a great \"investment\" and that it always goes up.',''); return false;">Quote</a></div> “Of course that would assume anybody preaching about how good the market is would put their money where their mouth is.”

I’ll go even further. How come most of the Realtors out there aren’t practicing what they preach and buying every home that they can get their hands on? After all, they tell us it’s such a great “investment” and that it always goes up.

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]]> By: nitsujhttp://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38397 nitsuj Tue, 29 Jan 2008 22:06:39 +0000 http://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38397 I wonder if she (or John L. Scott or any of the others out there) would take this bet. We each put $100k into a CD this year. If RE goes up, she would get the interest earned on my money PLUS whatever % of the $100k that RE went up by. Should it go down I get her interest plus the % of her money that RE went down by. Of course that would assume anybody preaching about how good the market is would put their money where their mouth is.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('38397','nitsuj',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('38397','nitsuj','I wonder if she (or John L. Scott or any of the others out there) would take this bet. We each put $100k into a CD this year. If RE goes up, she would get the interest earned on my money PLUS whatever % of the $100k that RE went up by. Should it go down I get her interest plus the % of her money that RE went down by. Of course that would assume anybody preaching about how good the market is would put their money where their mouth is.',''); return false;">Quote</a></div> I wonder if she (or John L. Scott or any of the others out there) would take this bet. We each put $100k into a CD this year. If RE goes up, she would get the interest earned on my money PLUS whatever % of the $100k that RE went up by. Should it go down I get her interest plus the % of her money that RE went down by. Of course that would assume anybody preaching about how good the market is would put their money where their mouth is.
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]]> By: softwarengineerhttp://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38362 softwarengineer Tue, 29 Jan 2008 20:20:31 +0000 http://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38362 THE REPUBLICANS ARE MAD AT THE DEMOCRATS IN WASH ST FOR THE FAMILY LEAVE BILL THEY QUICKLY VOTED INI beg to differ with the Republicans on that issue. Family leave saves money by improving worker morale, as the workers also don't get "phony sick" so much with family leave to take care of their kids, as they don't have to lie anymore, family care applies to sick leave legally. Why would this cost voters a dime? Its the worker's sick leave and they were using it before with lies anyway.On real estate, re: related overpopulation environmental destruction of the Seattle area to make a State buck [and cause a horrifying bubble]. Most of the Democrats aren't liberal at all anymore, in my book. There's a recent book out on CNN on just this subject, its called, "LIberal Fascism"....our Governor would be horrified over it, especially the title...lol<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('38362','softwarengineer',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('38362','softwarengineer','THE REPUBLICANS ARE MAD AT THE DEMOCRATS IN WASH ST FOR THE FAMILY LEAVE BILL THEY QUICKLY VOTED IN\r\n\r\nI beg to differ with the Republicans on that issue. Family leave saves money by improving worker morale, as the workers also don\'t get \"phony sick\" so much with family leave to take care of their kids, as they don\'t have to lie anymore, family care applies to sick leave legally. Why would this cost voters a dime? Its the worker\'s sick leave and they were using it before with lies anyway.\r\n\r\nOn real estate, re: related overpopulation environmental destruction of the Seattle area to make a State buck [and cause a horrifying bubble]. Most of the Democrats aren\'t liberal at all anymore, in my book. There\'s a recent book out on CNN on just this subject, its called, \"LIberal Fascism\"....our Governor would be horrified over it, especially the title...lol',''); return false;">Quote</a></div> THE REPUBLICANS ARE MAD AT THE DEMOCRATS IN WASH ST FOR THE FAMILY LEAVE BILL THEY QUICKLY VOTED IN

I beg to differ with the Republicans on that issue. Family leave saves money by improving worker morale, as the workers also don’t get “phony sick” so much with family leave to take care of their kids, as they don’t have to lie anymore, family care applies to sick leave legally. Why would this cost voters a dime? Its the worker’s sick leave and they were using it before with lies anyway.

On real estate, re: related overpopulation environmental destruction of the Seattle area to make a State buck [and cause a horrifying bubble]. Most of the Democrats aren’t liberal at all anymore, in my book. There’s a recent book out on CNN on just this subject, its called, “LIberal Fascism”….our Governor would be horrified over it, especially the title…lol

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]]> By: Scuba Stevehttp://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38346 Scuba Steve Tue, 29 Jan 2008 19:31:13 +0000 http://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38346 Buy, buy, buy! Ok, if prices for something other than a shack in the woods become attainable for a 30 year fixed rate loan at a salary of XX,xxx per year. I see unreasonable prices as being one of the biggest reasons to leave an area in favor of another, given equal jobs at both locations.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('38346','Scuba Steve',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('38346','Scuba Steve','Buy, buy, buy! Ok, if prices for something other than a shack in the woods become attainable for a 30 year fixed rate loan at a salary of XX,xxx per year. I see unreasonable prices as being one of the biggest reasons to leave an area in favor of another, given equal jobs at both locations.',''); return false;">Quote</a></div> Buy, buy, buy! Ok, if prices for something other than a shack in the woods become attainable for a 30 year fixed rate loan at a salary of XX,xxx per year. I see unreasonable prices as being one of the biggest reasons to leave an area in favor of another, given equal jobs at both locations.
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]]> By: The Timhttp://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38344 The Tim Tue, 29 Jan 2008 19:17:55 +0000 http://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38344 Looks like Rossi (himself a former real estate agent) focused on growth management and other political issues Realtors are concerned with.

From The Olympian:

Republican candidate for governor Dino Rossi sharply criticized Gov. Chris Gregoire’s record on growth-management and housing issues Wednesday in remarks to nearly 300 Washington Realtors in Olympia.
…
Rossi said the incumbent convened a task force on housing and land-use issues in 2006 at the request of Realtors, but “not a single one” of its 150 ideas or recommendations ā€” later distilled by the state Affordable Housing Advisory Board ā€” was sent to the Legislature, proving someone else needs to be in Olympia making key decisions.

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]]> By: notabullhttp://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38341 notabull Tue, 29 Jan 2008 18:59:55 +0000 http://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38341 I actually think that she probably believes what she's saying. There are many trade groups out there that are telling her that everything's fine, and Seattle is special, etc. What group exists to put forth the opposing view? Unless Gregoire checks out Roubini's blog every so often, I doubt she ever gets the bear's side of the argument.Her next speech will probably be to low-income families where she'll talk about programs for affordable housing and how she's concerned about high house prices. What's the solution? Well, how about we give everyone that's looking to buy a house $50,000. That should help everyone be able to afford that little bit extra, right? ;)<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('38341','notabull',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('38341','notabull','I actually think that she probably believes what she\'s saying. There are many trade groups out there that are telling her that everything\'s fine, and Seattle is special, etc. What group exists to put forth the opposing view? Unless Gregoire checks out Roubini\'s blog every so often, I doubt she ever gets the bear\'s side of the argument.\r\n\r\nHer next speech will probably be to low-income families where she\'ll talk about programs for affordable housing and how she\'s concerned about high house prices. What\'s the solution? Well, how about we give everyone that\'s looking to buy a house $50,000. That should help everyone be able to afford that little bit extra, right? ;)',''); return false;">Quote</a></div> I actually think that she probably believes what she’s saying. There are many trade groups out there that are telling her that everything’s fine, and Seattle is special, etc. What group exists to put forth the opposing view? Unless Gregoire checks out Roubini’s blog every so often, I doubt she ever gets the bear’s side of the argument.

Her next speech will probably be to low-income families where she’ll talk about programs for affordable housing and how she’s concerned about high house prices. What’s the solution? Well, how about we give everyone that’s looking to buy a house $50,000. That should help everyone be able to afford that little bit extra, right? ;)

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]]> By: Ira Sacharoffhttp://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38339 Ira Sacharoff Tue, 29 Jan 2008 18:40:34 +0000 http://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38339 You don't suppose that Rossi would tell a group of realtors "Prices are way too high and so is inventory. Many of you will be out of this business in two years and the local real estate market is really going in the tank."<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('38339','Ira Sacharoff',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('38339','Ira Sacharoff','You don\'t suppose that Rossi would tell a group of realtors\r\n\"Prices are way too high and so is inventory. Many of you will be out of this business in two years and the local real estate market is really going in the tank.\"',''); return false;">Quote</a></div> You don’t suppose that Rossi would tell a group of realtors
“Prices are way too high and so is inventory. Many of you will be out of this business in two years and the local real estate market is really going in the tank.”
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]]> By: michaelhttp://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38335 michael Tue, 29 Jan 2008 18:34:40 +0000 http://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38335 Washington state government is a mess. I'm of the belief that government works best when it has accountability. Having one party with unchecked power usually means only corrupition, waste, and mismanagement. The left - right divide is far less important in day to day management than people think it is. I can't stand Rossi (Bush Jr.) or Gregoire (couldn't manage an IHOP).<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('38335','michael',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('38335','michael','Washington state government is a mess. I\'m of the belief that government works best when it has accountability. Having one party with unchecked power usually means only corrupition, waste, and mismanagement. The left - right divide is far less important in day to day management than people think it is. I can\'t stand Rossi (Bush Jr.) or Gregoire (couldn\'t manage an IHOP).',''); return false;">Quote</a></div> Washington state government is a mess. I’m of the belief that government works best when it has accountability. Having one party with unchecked power usually means only corrupition, waste, and mismanagement. The left – right divide is far less important in day to day management than people think it is. I can’t stand Rossi (Bush Jr.) or Gregoire (couldn’t manage an IHOP).
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]]> By: Scotsmanhttp://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38334 Scotsman Tue, 29 Jan 2008 18:20:32 +0000 http://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38334 Correction to my post above: Case-Shiller is down 8.4% YOY, and 2.2% MOM.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('38334','Scotsman',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('38334','Scotsman','Correction to my post above: Case-Shiller is down 8.4% YOY, and 2.2% MOM.',''); return false;">Quote</a></div> Correction to my post above: Case-Shiller is down 8.4% YOY, and 2.2% MOM.
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]]> By: Affluent Bitter Renterhttp://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38333 Affluent Bitter Renter Tue, 29 Jan 2008 18:20:18 +0000 http://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38333 Buy! Buy! Buy!I'm sure Governor Gregoire will indemnify you personally if the house purchase turns out to have not been such a good investment...<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('38333','Affluent Bitter Renter',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('38333','Affluent Bitter Renter','Buy! Buy! Buy!\r\n\r\nI\'m sure Governor Gregoire will indemnify you personally if the house purchase turns out to have not been such a good investment...',''); return false;">Quote</a></div> Buy! Buy! Buy!

I’m sure Governor Gregoire will indemnify you personally if the house purchase turns out to have not been such a good investment…

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]]> By: Orionhttp://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38332 Orion Tue, 29 Jan 2008 18:19:48 +0000 http://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38332 These comments from Gregoire means she is either ignorant of what is happening in the markets or she is well aware and would still encourage Washington residents to jump into an overinflated market, risking individuals for the greater good of tax collection. Disgusting. And I voted for her. Do you have any transcript of what Rossi said to the same group the day before? Not that we want to get too political on this blog, but this entry is already going there. I'm not a Rossi supporter, but I'd be interested to read how he handled his talk.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('38332','Orion',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('38332','Orion','These comments from Gregoire means she is either ignorant of what is happening in the markets or she is well aware and would still encourage Washington residents to jump into an overinflated market, risking individuals for the greater good of tax collection. Disgusting. And I voted for her. Do you have any transcript of what Rossi said to the same group the day before? Not that we want to get too political on this blog, but this entry is already going there. I\'m not a Rossi supporter, but I\'d be interested to read how he handled his talk.',''); return false;">Quote</a></div> These comments from Gregoire means she is either ignorant of what is happening in the markets or she is well aware and would still encourage Washington residents to jump into an overinflated market, risking individuals for the greater good of tax collection. Disgusting. And I voted for her. Do you have any transcript of what Rossi said to the same group the day before? Not that we want to get too political on this blog, but this entry is already going there. I’m not a Rossi supporter, but I’d be interested to read how he handled his talk.
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]]> By: CCGhttp://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38331 CCG Tue, 29 Jan 2008 18:14:17 +0000 http://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38331 "The only thing we have to fear is fear itself"The only thing we have to fear is the inevitable and imminent consequences of years of arrogance, ignorance, greed, fraud, ineptitude, and malfeasance at all levels of our society and across the world.I'd say it's time to s---t your pants.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('38331','CCG',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('38331','CCG','\"The only thing we have to fear is fear itself\"\r\n\r\nThe only thing we have to fear is the inevitable and imminent consequences of years of arrogance, ignorance, greed, fraud, ineptitude, and malfeasance at all levels of our society and across the world.\r\n\r\nI\'d say it\'s time to s---t your pants.',''); return false;">Quote</a></div> “The only thing we have to fear is fear itself”

The only thing we have to fear is the inevitable and imminent consequences of years of arrogance, ignorance, greed, fraud, ineptitude, and malfeasance at all levels of our society and across the world.

I’d say it’s time to s—t your pants.

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]]> By: Ira Sacharoffhttp://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38330 Ira Sacharoff Tue, 29 Jan 2008 18:12:53 +0000 http://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38330 Gregoire said that " there is no good reason for a slowing of home purchasing in Washington State." How about the fact that prices have become astronomical? How about the fact that one can rent a home for about half the cost of a mortgage payment? And what about all the stories in the news about crooked lenders, appraisers, and real estate agents? Or does that only apply to real estate professionals in other states? Are Washington's real estate professionals the only honest ones in the country, or are loan originators and real estate agents everywhere simply innocent scapegoats just trying to make a living?<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('38330','Ira Sacharoff',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('38330','Ira Sacharoff','Gregoire said that \" there is no good reason for a slowing of home purchasing in Washington State.\"\r\nHow about the fact that prices have become astronomical?\r\nHow about the fact that one can rent a home for about half the cost of a mortgage payment? And what about all the stories in the news about crooked lenders, appraisers, and real estate agents?\r\nOr does that only apply to real estate professionals in other states? Are Washington\'s real estate professionals the only honest ones in the country, or are loan originators and real estate agents everywhere simply innocent scapegoats just trying to make a living?',''); return false;">Quote</a></div> Gregoire said that ” there is no good reason for a slowing of home purchasing in Washington State.”
How about the fact that prices have become astronomical?
How about the fact that one can rent a home for about half the cost of a mortgage payment? And what about all the stories in the news about crooked lenders, appraisers, and real estate agents?
Or does that only apply to real estate professionals in other states? Are Washington’s real estate professionals the only honest ones in the country, or are loan originators and real estate agents everywhere simply innocent scapegoats just trying to make a living?
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]]> By: Scotsmanhttp://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38329 Scotsman Tue, 29 Jan 2008 18:12:11 +0000 http://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38329 Ouch! I had no idea our state budget had grown by a third over four years. As a conservative, I've effectively given up on trying to have any effect on Washington State politics, and rarely pay attention these days. But the coming years may force a turn toward more fiscal responsibility, especially if recession sets in.As a side note, I heard on the radio this morning that Case-Shiller showed an 8-10% MOM drop in national prices for November. Another "Inconvenient Truth".<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('38329','Scotsman',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('38329','Scotsman','Ouch! I had no idea our state budget had grown by a third over four years. As a conservative, I\'ve effectively given up on trying to have any effect on Washington State politics, and rarely pay attention these days. But the coming years may force a turn toward more fiscal responsibility, especially if recession sets in.\r\n\r\nAs a side note, I heard on the radio this morning that Case-Shiller showed an 8-10% MOM drop in national prices for November. Another \"Inconvenient Truth\".',''); return false;">Quote</a></div> Ouch! I had no idea our state budget had grown by a third over four years. As a conservative, I’ve effectively given up on trying to have any effect on Washington State politics, and rarely pay attention these days. But the coming years may force a turn toward more fiscal responsibility, especially if recession sets in.

As a side note, I heard on the radio this morning that Case-Shiller showed an 8-10% MOM drop in national prices for November. Another “Inconvenient Truth”.

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]]> By: nightwatchhttp://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38328 nightwatch Tue, 29 Jan 2008 18:09:58 +0000 http://seattlebubble.com/blog/2008/01/29/gregoire-the-economy-is-strong/#comment-38328 It will be a good idea to buy a home if they fix the mortgage mess first. Politicians are talking about raising the mortgage cap to 625k of which I believe it will stimulate the hurting real estate market and entice more buyers to follow what the politicians are asking us to do.Without any real fix to the current mortgage structure, some buyers find it hard to get a loan when the cap is set at 412k and the median price in a lot of areas that are considered safe are averaging around 600k.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('38328','nightwatch',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('38328','nightwatch','It will be a good idea to buy a home if they fix the mortgage mess first. Politicians are talking about raising the mortgage cap to 625k of which I believe it will stimulate the hurting real estate market and entice more buyers to follow what the politicians are asking us to do.\r\n\r\nWithout any real fix to the current mortgage structure, some buyers find it hard to get a loan when the cap is set at 412k and the median price in a lot of areas that are considered safe are averaging around 600k.',''); return false;">Quote</a></div> It will be a good idea to buy a home if they fix the mortgage mess first. Politicians are talking about raising the mortgage cap to 625k of which I believe it will stimulate the hurting real estate market and entice more buyers to follow what the politicians are asking us to do.

Without any real fix to the current mortgage structure, some buyers find it hard to get a loan when the cap is set at 412k and the median price in a lot of areas that are considered safe are averaging around 600k.

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