Monday Open Thread (2012-05-28)

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Here is your open thread for Monday May 28th, 2012. You may post random links and off-topic discussions here. Also, if you have an idea or a topic you’d like to see covered in an article, please make it known.

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About The Tim

Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer / internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market.

22 comments:

  1. 1
    Milanesa says:

    Happy Memorial Day

    We will be moving back to the Puget Sound area in a couple of weeks. We’ve been searching for apartments online at rent.com, Craigslist, and padmapper. Any other ideas?

    My wife wants to live in Redmond (we lived in Kirkland and South Bothell). Our budget is $1200/month (this is what we’ll get per month for our current 1800sq.ft. 3/2, two car garage paid off abode in FL). Of course, we know that on the Eastside, we are looking at a 2/1 apartment for this price.

    Even though we know the area quite well, any hints or guidance will be appreciated.

    Thank you

  2. 2
    Pegasus says:

    Memorial Day…Not just another paid holiday three-day weekend.

    It is a Federal holiday honoring members of the United States Armed Forces who have died in war or while otherwise serving their country. Our country. It began as Decoration Day following the Civil War, because the living would honor the dead by decorating their graves. This tradition endures, especially at military cemeteries like Arlington National Cemetery where an American flag is placed on every single grave. In non-military cemeteries the fallen are likewise honored, usually by friends and relatives, but anyone is free to pay their respects to those who made the greatest possible sacrifice so that the rest of us can continue to do what we enjoy doing. The traditional time to visit cemeteries or war memorials is at 3PM local time on Memorial Day, which is Monday. U.S. flags will be flown at half-mast until noon. According to the US Government’s website, you can also “Pay tribute to the U.S. men and women who died during military service by observing a minute of silence at 3:00 PM, local time.”

    http://www.forbes.com/sites/larryolmsted/2012/05/25/lets-not-forget-what-memorial-day-weekend-is-really-all-about-the-high-cost-of-freedom/

  3. 3

    RE: Milanesa @ 1 – Just watch out for Craigslist scams. If the deal seems too good to be true, or the “owner” is out of the country, watch out!

  4. 4
    Natalia Orinko says:

    RE: Pegasus @ 2

    My cousin Tatiana and I visited the grave today at the Washelli Cemetery of a Vietnam War medal of honor recepient, Lewis Albanese. His citation reads, “For conspicuous gallantry and intrepidity in action at the risk of his life and beyond the call of duty. PFC Albanese’s platoon, while advancing through densely covered terrain to establish a blocking position, received intense automatic weapons fire from close range. As other members maneuvered to assault the enemy position, PFC Albanese was ordered to provide security for the left flank of the platoon. Suddenly, the left flank received fire from enemy located in a well-concealed ditch. Realizing the imminent danger to his comrades from this fire, PFC Albanese fixed his bayonet and moved aggressively into the ditch. His action silenced the sniper fire, enabling the platoon to resume movement toward the main enemy position. As the platoon continued to advance, the sound of heavy firing emanated from the left flank from a pitched battle that ensued in the ditch which PFC Albanese had entered. The ditch was actually a well-organized complex of enemy defenses designed to bring devastating flanking fire on the forces attacking the main position. PFC Albanese, disregarding the danger to himself, advanced 100 meters along the trench and killed 6 of the snipers, who were armed with automatic weapons. Having exhausted his ammunition, PFC Albanese was mortally wounded when he engaged and killed 2 more enemy soldiers in fierce hand-to-hand combat. His unparalleled actions saved the lives of many members of his platoon who otherwise would have fallen to the sniper fire from the ditch, and enabled his platoon to successfully advance against an enemy force of overwhelming numerical superiority. PFC Albanese’s extraordinary heroism and supreme dedication to his comrades were commensurate with the finest traditions of the military service and remain a tribute to himself, his unit, and the U.S. Army.”

    Thank God for such men.

  5. 5

    Case Shiller is out for March. Up to 131.23 from 128.99 in February, and down from 132.97 in March, 2011.

  6. 6

    The Japanese Radioactive Releases Won’t Impact Seattle

    Wrong. Its hit tuna fish now.

    http://news.yahoo.com/radioactive-bluefin-tuna-crossed-pacific-us-190121826.html

  7. 7
    Howard says:

    By Milanesa @ 1:

    Happy Memorial Day

    We will be moving back to the Puget Sound area in a couple of weeks. We’ve been searching for apartments online at rent.com, Craigslist, and padmapper. Any other ideas?

    My wife wants to live in Redmond (we lived in Kirkland and South Bothell). Our budget is $1200/month (this is what we’ll get per month for our current 1800sq.ft. 3/2, two car garage paid off abode in FL). Of course, we know that on the Eastside, we are looking at a 2/1 apartment for this price.

    Even though we know the area quite well, any hints or guidance will be appreciated.

    Thank you

    Do you want a condo, apartment or house? I had really good luck on craigslist.. Even the apartment companies post there. You can find whatever you want, it just depends on what you want and what you are willing to settle with. Where you work/what you want your commute to be is probably the biggest question. Do you need a garage? Dedicated Parking? I rent a 1750 sqft 4 bedrooom 2 car 2 bath in Redmond for $1600… Popcorn ceilings, white carpet and all..

  8. 8
    Natalia Orinko says:

    RE: Natalia Orinko @ 4

    Who would do a thumbs down on PFC Albanese?? It’s disgusting. I am sure whoever did this will remain anonymous.

  9. 9
    No Name Guy says:

    RE: Natalia Orinko @ 7

    Agreed. What a POS to thumbs down that.

  10. 10

    Facebook is now down to just over 29. Imaging that! You buy an overpriced IPO and it goes down! /sarc

  11. 11
    Pegasus says:

    RE: Kary L. Krismer @ 10 – But it is all about “market condtions” according to the Great Oracle. /no sarc

  12. 12

    Tim, you’re into statistics. Is this claim about the rise in age of visitors at national parks anything more than a reflection of the rise in the age of our general population?

    http://dailynightly.msnbc.msn.com/_news/2012/05/29/11937744-at-national-parks-where-are-all-the-young-people?lite

  13. 13

    RE: Pegasus @ 11 – I’m really torn on FB. On the one hand I like seeing it go down because of the stupidity and greed of the buyers of the IPO. On the other hand, if it were to go back up about 38 the class action lawyers would be in a really bad place. They might still be in a bad place though. If their suit is found to have no merit, they arguably have billions of dollars of liability, or at least will be bankrupted fighting such claims.

  14. 14

    By Natalia Orinko @ 8:

    RE: Natalia Orinko @ 4

    Who would do a thumbs down on PFC Albanese?? It’s disgusting. I am sure whoever did this will remain anonymous.

    Who was it here who thought that a subject posted in the Open Thread was somehow off topic? I would suspect them.

  15. 15

    RE: Natalia Orinko @ 8

    If You’re Gettin’ No Down Thumbs on Seattle Bubble

    You’re likely shooting from the hip with no credible backup data….if you use scientific data, here comes the down thumbs….if that’s the case, I’d call them compliments personally.

  16. 16
    Milanesa says:

    RE: Howard @ 7

    Thank you Howard. Condo, apart, house, anything. But with our budget, it might be a tenet. Our max is $1200. I would not expect a garage for that money in Redmond. We will be looking for a 2/1; if we get a 2/2 or even a 3/1, we’ll call ourselves very lucky.

  17. 17
    Pegasus says:

    RE: softwarengineer @ 15 – For a guy that constantly accuses everyone of giving you a thumbs down and cries about it constantly I find it strange that you now publicly justify those same down thumbs as badges of “compliments”. Isn’t it wonderful how the mind can generate excuses for personal failure?

  18. 18
    Macro Investor says:

    By Kary L. Krismer @ 13:

    RE: Pegasus @ 11 – I’m really torn on FB. On the one hand I like seeing it go down because of the stupidity and greed of the buyers of the IPO. On the other hand, if it were to go back up about 38 the class action lawyers would be in a really bad place. They might still be in a bad place though. If their suit is found to have no merit, they arguably have billions of dollars of liability, or at least will be bankrupted fighting such claims.

    I’m also torn. I feel sorry for small investors. But I’d like to see it go to $0 before Zuckerberg’s lock up expires.

  19. 19

    RE: Macro Investor @ 18 – Maybe we can both win if Zuckerberg spends all his money on attorney fees suing other attorneys!

  20. 20
  21. 21
    Scotsman says:

    RE: Natalia Orinko @ 8

    Could be pffffft. I hear he’s a “bitter clinger, with his religion (Obama) and his guns (Krugman/Keynes)”.

  22. 22
    whatsmyname says:

    RE: Natalia Orinko @ 8 – I don’t know who would give this PFC the thumbs down, but you got me to thinking. It seems weird (almost inauthentic) that while most homegrown Americans were enjoying the holiday in generic recreation, two young Russian women, recently transplanted from Sacramento, would spend their holiday searching out local heros in our cemetery – and even bringing back long quotes to post on a housing blog. Then I remembered that Tatiana’s not really a woman, but an internet rhetorical device.

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