Seattle Bubble Forum Archive • View topic - SEattle Times explanation for market defying economics

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Seattle Bubble Forum Archive • View topic - SEattle Times explanation for market defying economics

Page 1 of 1

SEattle Times explanation for market defying economics

Posted: Thu Jun 07, 2007 8:20 am

by GetMeTheHellOutOfCA

Why do prices prices continue to rise when supply rises? Times claims buyers can trade up and buy more home.

Posted: Thu Jun 07, 2007 9:14 am

by Jazen

Posted: Thu Jun 07, 2007 10:42 am

by deejayoh

Posted: Thu Jun 07, 2007 11:10 am

by femto

Posted: Thu Jun 07, 2007 11:15 am

by biliruben

Posted: Thu Jun 07, 2007 11:31 am

by S-Crow

Posted: Thu Jun 07, 2007 3:56 pm

by Jazen

This article is actually better than most

Posted: Thu Jun 07, 2007 7:04 pm

by george

Posted: Thu Jun 07, 2007 7:41 pm

by phinneygirl

Posted: Fri Jun 08, 2007 7:57 am

by S-Crow

Posted: Fri Jun 08, 2007 8:53 am

by mike2

Posted: Fri Jun 08, 2007 10:54 am

by phinneygirl

Posted: Fri Jun 08, 2007 12:48 pm

by S-Crow

Phinneygirl,

Patience can pay handsome dividends.

Posted: Fri Jun 08, 2007 12:48 pm

by uptown

phinneygirl -

I know plenty of people who bought at the top of the last California boom. All managed to come out of it with large profits. The trick is none were heavily leveraged (20% down was the norm), and all bought in very good areas, but not the most expensive.

The funny thing about bubbles is that all boats rise together, even a POS will be priced like it's best neighbor; which in a normal RE market would not be true.

Enjoy your new home.