If Californians can't buy in seattle, who will?
Posted: Tue May 22, 2007 6:22 pmMaking the mortgage is getting tougher
Hailing from California myself, and after reading a fair share of banter on the "untouchable" Seattle realestate, I found this article interesting. Santa Barbara county seems to be entering a world of hurt... mind you this is a county with an average house price at about 650K, and quite pretty wine country too (aka Sideways was filmed here), with fair share of L.A. money coursing through its veins.
Question is: if these folks are having bad time and are indicative of the nation on a whole, who exactly will be rushing into Seattle to sustain the current bubble?
Hailing from California myself, and after reading a fair share of banter on the "untouchable" Seattle realestate, I found this article interesting. Santa Barbara county seems to be entering a world of hurt... mind you this is a county with an average house price at about 650K, and quite pretty wine country too (aka Sideways was filmed here), with fair share of L.A. money coursing through its veins.
Question is: if these folks are having bad time and are indicative of the nation on a whole, who exactly will be rushing into Seattle to sustain the current bubble?