{"id":221,"date":"2006-05-09T08:29:00","date_gmt":"2006-05-09T15:29:00","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=221"},"modified":"2006-05-09T08:29:00","modified_gmt":"2006-05-09T15:29:00","slug":"million-dollar-homes-worth-every-penny","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2006\/05\/09\/million-dollar-homes-worth-every-penny\/","title":{"rendered":"Million Dollar Homes "Worth Every Penny""},"content":{"rendered":"

Okay now this is just weird. Remember how the Times and P-I articles about April home sales both had an inordinate focus on the sales of really expensive homes<\/a>? Well guess who else joined the party? The Everett Herald, with a story ironically titled Worth every penny<\/a>.<\/p>\n

The dream of buying a million-dollar home is unattainable for most working families.<\/p>\n

Yet 2005 saw a huge increase in luxury home sales throughout the Puget Sound area – including Snohomish County, where 83 homes valued at $1 million or more changed hands. That’s up from 23 in 2004.<\/p>\n

Whether it’s a two-bedroom older rambler on acreage in Arlington or a posh condominium in Edmonds, there is something for everyone in the price range of our dreams – and more people are buying high-end homes than ever.<\/p>\n

"I don’t necessarily think it’s a trend," said Greg Hoff, owner of the Edmonds Windermere Real Estate office. "I would call it just the general housing market."<\/p>\n

What used to be a $500,000 home is now a $1 million home in many areas. Although Hoff is always a little surprised when he sees a home sell for seven figures, he’s no longer taken aback.<\/p><\/blockquote>\n

Perhaps Herald writer Christina Harper read the Times and P-I articles the day before and felt that Snohomish County needed similar coverage, perhaps it was a total coincidence, or perhaps<\/i> "Christina Harper" is yet another<\/i> pseudonym used by our favorite real estate reporter Elizabeth Rhodes. Who knows.<\/p>\n

Whatever the case, one thing that the Herald article amazingly leaves out is the obligatory declaration by a local realtor that "the notion of a bubble is definitely dead."<\/p>\n

(Christina Harper, Everett Herald<\/a>, 05.07.2006<\/i>) <\/p>\n

\n
Seattle Bubble Tip Jar<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Okay now this is just weird. Remember how the Times and P-I articles about April home sales both had an inordinate focus on the sales of really expensive homes? Well guess who else joined the party? The Everett Herald, with a story ironically titled Worth every penny. 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