Seattle Bubble Forum Archive

by **deejayoh** » Mon Feb 04, 2008 9:30 am

I don't think this is so surprising. It reflects how much pendings were down in December. I am surprised that Ardell is surprised. where does she think all these closings are going to come from? isn't she sposta know this kind of stuff

It looks like Pendings for January will be on par with, or slightly higher than last year. That is the real story hear, IMO. Absorption will be back up around 20-25%.

by **biliruben** » Mon Feb 04, 2008 12:19 pm

I noticed Ardell is pondering selling her Kirkland Home. Maybe we are getting to her.

by **Ubersalad** » Mon Feb 04, 2008 12:24 pm

that Kary Krismer guy...he claims that he hasn't visit Seattle Bubble, but he's always posting on raincity guide with his ignorant comments.

87. Kary L. Krismer - January 4, 2008

Ubersalad, my information is a bit dated, but a couple of years ago when I was dealing with rentals I was really surprised how many people were moving here from out of state with jobs from those big companies you discount. At that time rental rates were going up nicely (if you were a landlord), in part from that and in part from condo conversions.

But in any case, my main point remains. Unemployment figures are just about irrelevant when you're dealing with demand for real estate. If the unemployment number goes up it doesn't mean less demand and might mean more demand. If the number goes down it doesn't mean things will be good. You really need to look at the number of jobs and how that's changing.

by **deejayoh** » Mon Feb 04, 2008 12:40 pm

Actually, the number of jobs is irrelevant when it comes to real estate prices. To wit:

yep, it's all about job creation.

by **Ubersalad** » Mon Feb 04, 2008 12:59 pm

The post was in reference to job loss and its relations to RE depreciation. Job loss has everything to do with RE demand.

by **kpom** » Mon Feb 04, 2008 1:16 pm

by **Kary Krismer** » Sun Mar 02, 2008 7:56 am

by **PublicEnemy#1** » Sun Mar 02, 2008 10:09 am

And now that Google has saved your response to Ubersalad for posterity, anyone considering you for an agent can see how react to people who dare question your "expertise" and "knowledge".

Condescension tends to turn people off.

Go ahead and tell us how fat your commissions still are, it's easy to see that you are already stinging from the market downturn. I think you should have saved more for that proverbial rainy day.