Expecting surplus inventories

[K]

[biliruben]

[Kate]

[redmondjp]

[Ubersalad]

What about the two sizable development on both end of Bellevue Way. It'll be interesting to see what happens with those two.

[redmondjp]

I was wrong in my post above about the DR Horton development on Rose Hill--the prices are for townhomes and not just the lots, see this link:

[SunTzu]

The Horton development are townhouses ranging from 440K to 660K plus $150 HOA (you can find the info on Horton website select WA and Seattle in drop down boxes and also RedFin). Since they're townhomes, their prices are in line with other condo/townhouses found in the area. They're not a bargain by any means IMHO.

We won't see any lowering of prices on the Eastside until a recession hits.