sorin

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sorin
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  • Given that you can stick one end of a fluorescent tube in the ground underneath a high voltage line and it will light up, not a place I would want to live. Except for the free lighting. http://www.richardbox.com/ http://news.bbc.co.uk/2/hi/uk_ne…
  • Government is in too deep in terms of propping up the housing market. No way they would let these companies fail as that in itself would slam the brakes on housing and open the recession flood gate. I don't understand how mortgage rates are still…
  • 1. It seems highly unlikely interest rates will drop or even stay level. As interest rates increase, that puts more presure on home prices. 2. We are heading into the trough of the economic cycle. 3. High (and going higher) food, energy, and trans…
  • It makes good sense that if you have people who aren't willing to work within the dynamics of a buyers market, getting them to take their houses off the market means a little less distraction for the listings of more motivated sellers. Listings that…
  • ... As for people "waiting", there are a few who shouldn't be waiting. Sellers who think next year will be better for one, especially if they are buying down. Anyone thinking of selling in the next 3 years should bite the bullet and do it NOW! (A…
  • I'm hoping that report is a joke, but the person sounds just stupid enough and greedy enough for it to be true.
  • Thanks for the link. Wow, so even the NAR's chief economist is publicly saying that Seattle is overpriced and due to drop. Apparently he forgot to drink his pink kool-aid and started looking at the data. Really though, it isn't hard to see that a…
  • I think the fact that the national debt has gone from 5.5 trillion to over 9.3 trillion (and growing rapidly) in the past 8 years is a part of the "why". The government pays $0.20 of every tax dollar collected to interest on the debt. The other part…
    in Inflation Comment by sorin June 2008
  • Granted that every situation is different. I do think it's safe to posit that rapid home price appreciation is not something we will see in the next several years. I put more weight towards price declines. As others have already advised, rent for a …
    in New Buyer Comment by sorin April 2008
  • If I were looking for a ferry commute to downtown, and to live in a high end condo on or near the waterfront, I'd be looking at Bainbridge, not Bremerton. Especially since the prices seem to be comperable.
  • I would be interested to know how many of the high bids are actually being honored if most didn't meet the reserve prices, but I haven't yet seen any followup articles. I went and took a look at these condos. They are very nice construction, better …
  • I suspect this is an artifact of so many condos and other properties being added to the rental market. Not necessarily whole developments (though that is also happening) but there seem to be a lot of individuals that purchased in the past couple yea…
  • Yeah, us stupid renters... I moved into my place in Magnolia 3 years ago at $800 a month... and it's been the same ever since, and the landlord rocks. Should I add that a comparable condo in this neighborhood would cost over $1600 a month? Plus a…
  • redmondjp wrote: When you have politicians at all levels (city, state, national) proposing bailouts (which won't really fix anything, but merely slightly delay the inevitable), you just know we are screwed! Oh, it's better than that. You al…
  • steves wrote: About the price range, I know there are some townhouses that do cost as much as SFH in the same area, but that's what I'm looking at. I saw a 3 bdrm townhouse in the Ballard area with something like 1000 sq feet for about 310K, there…
  • Most of the townhouses I've looked at in Ballard are almost indistinguishable from one another. Different paint color on the outside of some, but that's about it. Yes, these are going to be hard to sell down the road, because they are hard for build…