New here but been lurking for sometime
Ive enjoyed reading this site for atleast 4 months or so,so id like to add my opinion re to real estate here in the PNW.
I was born here in Bellevue in 1970 and have seen the the other busts,my father worked at Boeing and after the layoffs drove an ambulance for 2 years he purchased his house near the Lake Hills area for 40k (crazy huh) anyhow around my mid twentys after spending sometime in SoCal i came back home and was shocked even then of the runup,ofcourse Bellevue grew quite a bit this town grows with national expansions it seems like.
But the insanity like many here have stated in housing is exactly that nuts!
I'm no real estate guru or economics guy but these prces even here on the eastside are not reality,and when i went to now Sammamish and what they did to all those wonderful areas where i used to dirtbike ride when i was younger and then heard the prices I almost vomited.
Hell Issaquah was considered the sticks,these houses across the board will drop atleast 30% i bet regardless in community unles your in Mercer Island Hunts etc anyhow take care all and be patient and no most us natives here are not cold shouldering anyone ,we just respect privacy and hate to intrude,lol.
I was born here in Bellevue in 1970 and have seen the the other busts,my father worked at Boeing and after the layoffs drove an ambulance for 2 years he purchased his house near the Lake Hills area for 40k (crazy huh) anyhow around my mid twentys after spending sometime in SoCal i came back home and was shocked even then of the runup,ofcourse Bellevue grew quite a bit this town grows with national expansions it seems like.
But the insanity like many here have stated in housing is exactly that nuts!
I'm no real estate guru or economics guy but these prces even here on the eastside are not reality,and when i went to now Sammamish and what they did to all those wonderful areas where i used to dirtbike ride when i was younger and then heard the prices I almost vomited.
Hell Issaquah was considered the sticks,these houses across the board will drop atleast 30% i bet regardless in community unles your in Mercer Island Hunts etc anyhow take care all and be patient and no most us natives here are not cold shouldering anyone ,we just respect privacy and hate to intrude,lol.