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Seattle Bubble Forum Archive • View topic - Those crazy real estate professionals

Those crazy real estate professionals

Anything and everything relating to Seattle-area real estate.

Moderators: synthetik, The Tim, Lake Hills Renter

Re: Those crazy real estate professionals

Postby perfectfire » Sun Feb 08, 2009 12:33 am

Remember, if you rent it's not a home, it's a hovel.
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Re: Those crazy real estate professionals

Postby Lake Hills Renter » Sun Feb 08, 2009 2:47 am

What's so surprising to me is she seems to have done a complete 180 in one post. The argumentative and defensive attitude is more reminicent of recent threads at SREP than what she's been posting the last few months. She even clawed at Jillayne. Something happened or changed, and I find it hard to believe it was just the results of her Sunday night stats and a proposed $15k tax credit. Maybe Kary's incessant thickheadedness over there finally won her over, or at least convinced her to sample the koolaid again.
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Re: Those crazy real estate professionals

Postby PublicEnemy#1 » Sun Feb 08, 2009 8:20 am

Wow,

She is really trumpeting her own horn on this one and allowing ZERO comments that she perceives to be "fly by".

What's the matter Ardell? Someone not going to buy your overpriced Kirkland short sale until the market is "at bottom"?

And here I was thinking she was finally starting to "get it"...

Maybe she (or her SO, daughters, etc.) put an offer in through her for a lowball price and the seller took it and now she is trying to convince herself or them that the value can't possibly go any lower.

Good luck with that Ardell, you're still a RE shill who hasn't been in the business long enough to see what a REAL downturn looks like.

I may not be as pessimistic as Sniglet, but I do believe 1995-1999 pricing is likely all over the West Coast.
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Re: Those crazy real estate professionals

Postby PublicEnemy#1 » Sun Feb 08, 2009 9:05 am

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Re: Those crazy real estate professionals

Postby jon » Sun Feb 08, 2009 12:26 pm

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Re: Those crazy real estate professionals

Postby Civil Servant » Sun Feb 08, 2009 12:31 pm

At comment #11 she says that when the trend is two or three people agreeing on pricing at a given price level, that price level has hit bottom. This may or may not be reasonable. But was she saying this *before* these two or three people started agreeing? If not, it sounds suspect, like she's making it up as she goes along. Also, does she mean "price level" or "price point"? The former term leaves some wiggle room, especially if you don't define specifically what the levels are.

The Ardell in this post is not Ardell the straight-talking broad I got to know and like over the last several months. Come back, Ardell! I miss you.
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Re: Those crazy real estate professionals

Postby PublicEnemy#1 » Sun Feb 08, 2009 12:36 pm

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Re: Those crazy real estate professionals

Postby Lake Hills Renter » Sun Feb 08, 2009 1:12 pm

I haven't been to RTC in ages. Are there empty stores there now? I went to Celtic Bayou for lunch the other day (not too far way), and was amazed at the number of empty shops in that small shopping center. I think we counted 4 vacant and 3 occupied.
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Re: Those crazy real estate professionals

Postby deejayoh » Sun Feb 08, 2009 2:45 pm

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Re: Those crazy real estate professionals

Postby PublicEnemy#1 » Sun Feb 08, 2009 3:05 pm

There is a mall near where I live that has the following Anchors left: Kohl's, Burlington Coat Factory, Babies R Us, and Bass Pro.

Guitar Center just closed there, there are three empty anchors and a slew of empty fronts. We are talking maybe 15% of the store fronts are open. They have turned one whole space where three or four shops were into a indoor mini golf.

Bass and Kohl's are rumored to be leaving.

The only thing keeping the doors open at this point, from what I can see, are the TWO movieplexes and a nightclub.

There has been talk of tearing it down and turning it into Sec. 8 housing, but it straddles two cities' borders so...

I think the West Coast is going to get decimated as people elect to move to cheaper housing in flyover country. The weather may not be as nice, but an extra grand per month to spend will convince some to move back to their hometowns.
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Re: Those crazy real estate professionals

Postby rose-colored-coolaid » Sun Feb 08, 2009 5:14 pm

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Re: Those crazy real estate professionals

Postby biliruben » Tue Feb 10, 2009 2:18 am

The reality is that it really isn't particularly bad here... yet.

and most of that up-tick driven by construction, which I'm guessing is focused more in Snoho and Pierce than King.

Sure, psychologically people are starting to pull back, and when the layoffs start in earnest at Microsoft, Boeing and Starbucks, will see a larger impact.

But in general, people still have money to spend. They're just not sure if they should.
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Re: Those crazy real estate professionals

Postby biliruben » Tue Feb 10, 2009 2:23 am

BTW, despite Leanne's hysterical rant the other day really, really freaking me out, I'm buying a house. We're over-paying, but it's pretty close to exactly what we were looking for - fantastic view lot in-city with a so-so house that is very livable now, but with lot's of potential for improvement.

A year of living out of boxes is the most I could do and still keep my family sane.

Now we just gotta keep them jobs!
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Re: Those crazy real estate professionals

Postby Everett_Tom » Tue Feb 10, 2009 9:08 am

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Re: Those crazy real estate professionals

Postby Hector » Tue Feb 10, 2009 9:47 am

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