Seattle Bubble Forum Archive

GREAT post Tim.

It was fun taking a walk down memory lane reading those threads. My favorite part however was the comments. Especially where Tai adamantly stated that "Vuecrest" wouldn't be affected as there is a line of people trying to get in and you can't get in for under $1MM.

Let's see how that theory is holding up...

For starters...we have a home purchase for $1.675MM on Sept, 07, 2007

One year later...on the market for $1.498MM

http://www.redfin.com/WA/Bellevue/9663- ... ome/251209

another loser...

http://www.redfin.com/WA/Bellevue/9628- ... ome/250730

and a short sale here...bought in 3/2006 for 930k currently listed at $799k

http://www.redfin.com/WA/Bellevue/9671- ... ome/252160

Flip gone bad...

http://www.redfin.com/WA/Bellevue/9838- ... ome/506359

2 homes have sold in the last 6 months. One just squeaked out and one was sold at a loss

http://www.redfin.com/WA/Bellevue/733-9 ... ome/251973

So much for the "good neighborhood" theory.

And now, according to an internal Times memo the Stranger got hold of, Elizabeth Rhodes will soon pack up her cubicle:

Oh, snap. Elizabeth Rhodes and .

Who will write about real estate now?

Countdown until The Tim is blamed for them losing their jobs in 3, 2 , 1...