44% of Seattle condos built in last 5 years listed

Comments

• rose-colored-coolaid

  May 2008

  Nell Plotts wrote:

  So says "Portland Spaces" magazine.
  
  http://www.portlandrealestateblog.com/r ... paces.html
  
  23% in Portland I can believe.. but :roll: 44% in Seattle is hard to swallow.

  
  That's what she said.
  
  I mean, you're right, and we will likely choke on all that excess inventory. This is reason #1 why condos are not smart long term investments in the same way SFHs are; they don't sit on any land.