[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/functions.php on line 4762: Cannot modify header information - headers already sent by (output started at [ROOT]/includes/functions.php:3897)
[phpBB Debug] PHP Warning: in file [ROOT]/includes/functions.php on line 4764: Cannot modify header information - headers already sent by (output started at [ROOT]/includes/functions.php:3897)
[phpBB Debug] PHP Warning: in file [ROOT]/includes/functions.php on line 4765: Cannot modify header information - headers already sent by (output started at [ROOT]/includes/functions.php:3897)
[phpBB Debug] PHP Warning: in file [ROOT]/includes/functions.php on line 4766: Cannot modify header information - headers already sent by (output started at [ROOT]/includes/functions.php:3897)
Seattle Bubble Forum Archive • View topic - Frustrated by the low end of the SF home market

Frustrated by the low end of the SF home market

Anything and everything relating to Seattle-area real estate.

Moderators: synthetik, The Tim, Lake Hills Renter

Re: Frustrated by the low end of the SF home market

Postby one.person » Fri Apr 04, 2008 2:50 pm

one.person
Bubble Watcher
 
Posts: 6
Joined: Wed Feb 27, 2008 9:07 am

Re: Frustrated by the low end of the SF home market

Postby Alan » Fri Apr 04, 2008 3:04 pm

Don't forget to take 10-15% out to fund your retirement.

Unless you consider your house to be your retirement.

But if that is the case you better have a bigger down payment and a 10 year mortgage so that interest doesn't eat up everything you would be saving.
Alan
Bubble Banter Boss
 
Posts: 780
Joined: Sun Feb 18, 2007 7:08 pm

Re: Frustrated by the low end of the SF home market

Postby mukoh » Fri Apr 04, 2008 4:48 pm

I am not trying to take your situation and make it out like you are in trouble.
But if making $90k and paying 25% off the top of that you might want to talk to an accountant first. People in the $150k pay 28%.

Secondly 6.5% interest on non-jumbo right now is for someone whose credit is below 700s. Typical rates right now are 5.75 for 30 year fixed and you can always buy a it down to make it affordable.
mukoh
Bubble Bloviator
 
Posts: 198
Joined: Fri Apr 04, 2008 11:46 am

Re: Frustrated by the low end of the SF home market

Postby rose-colored-coolaid » Fri Apr 04, 2008 5:03 pm

rose-colored-coolaid
Bubble Banter Boss
 
Posts: 1978
Joined: Mon Jun 18, 2007 10:26 am

Re: Frustrated by the low end of the SF home market

Postby rose-colored-coolaid » Fri Apr 04, 2008 5:18 pm

rose-colored-coolaid
Bubble Banter Boss
 
Posts: 1978
Joined: Mon Jun 18, 2007 10:26 am

Re: Frustrated by the low end of the SF home market

Postby EconE » Fri Apr 04, 2008 6:53 pm

EconE
Bubble Bloviator
 
Posts: 276
Joined: Thu Mar 08, 2007 3:29 pm

Re: Frustrated by the low end of the SF home market

Postby mukoh » Fri Apr 04, 2008 8:38 pm

Econ, I am familiar with both...

I am not selling anything. Pointing out to the frustration of the topic starter, is that it is not that sour out there, loan shopping, and house shopping is becoming a normal process that it used to be.
mukoh
Bubble Bloviator
 
Posts: 198
Joined: Fri Apr 04, 2008 11:46 am

Re: Frustrated by the low end of the SF home market

Postby Markor » Fri Apr 04, 2008 9:04 pm

Markor
Bubble Banter Boss
 
Posts: 621
Joined: Sun Jun 17, 2007 11:04 pm

Re: Frustrated by the low end of the SF home market

Postby Markor » Fri Apr 04, 2008 9:06 pm

Markor
Bubble Banter Boss
 
Posts: 621
Joined: Sun Jun 17, 2007 11:04 pm

Re: Frustrated by the low end of the SF home market

Postby Markor » Fri Apr 04, 2008 10:21 pm

Markor
Bubble Banter Boss
 
Posts: 621
Joined: Sun Jun 17, 2007 11:04 pm

Re: Frustrated by the low end of the SF home market

Postby mukoh » Fri Apr 04, 2008 10:37 pm

Markor,
The landlord is calling next month rent went up $200 a month :)
mukoh
Bubble Bloviator
 
Posts: 198
Joined: Fri Apr 04, 2008 11:46 am

Re: Frustrated by the low end of the SF home market

Postby Markor » Fri Apr 04, 2008 10:38 pm

Markor
Bubble Banter Boss
 
Posts: 621
Joined: Sun Jun 17, 2007 11:04 pm

Re: Frustrated by the low end of the SF home market

Postby wreckingbull » Sat Apr 05, 2008 7:56 am

OP,

Whatever you do, DON'T DRIVE UNTIL YOU CAN AFFORD. That has to be the worst possible thing that could be done in our declining market. Not only will you spend your precious hours stuck in traffic, you will also find that our outlying areas will simply not hold their value as well. How can you expect this correction to happen so fast? It took five years to get us into this mess, it may take long to fully unwind (and I believe it will.)

As far as historic Seattle affordability is concerned, I purchased in '98, in Ballard. At that time my monthly payments were pretty much what it would have cost to rent the same place. 2002 was when it really started getting out of whack.
wreckingbull
Bubble Blatherer
 
Posts: 69
Joined: Fri Apr 20, 2007 8:47 am

Re: Frustrated by the low end of the SF home market

Postby Markor » Sat Apr 05, 2008 7:56 pm

Markor
Bubble Banter Boss
 
Posts: 621
Joined: Sun Jun 17, 2007 11:04 pm

Re: Frustrated by the low end of the SF home market

Postby mukoh » Sat Apr 05, 2008 9:08 pm

Outlying areas are definately still in such a struggle that it makes no sense to buy there.
Lake Stevens, Marysville by just new home prices are off by 30%.
mukoh
Bubble Bloviator
 
Posts: 198
Joined: Fri Apr 04, 2008 11:46 am

Previous

Return to Seattle Real Estate

Who is online

Users browsing this forum: Bing [Bot] and 15 guests