kpom
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Located in one of the most desirable Seatte neighborhoods!
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I assumed months ago that Dubai was headed for the Big Fall - an incredibly indebted nation building all these swank high-end hotels and other facilities, based on the implicit assumption that the oil boom was going to go on forever. A monument to …
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November 4 - Obama elected President of the United States
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4. What kinds of mortgages do you have and what is your total debt load? Now that Precious has found lifetime public housing in a maximum security facility, the real question is – what kind of fool puts their own money into a deal when they don'…
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Reading pessimistic economics blogs is just as bad as looking at child pornography!
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RE: Ardell. Yeah, wow. She has suddenly gone from being pretty reasonable to drinking pure, fortified, 100% real-estate KoolAid. I suspect it's personal - she probably is in big trouble if she can't sell her house at something close to asking, …
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Remember, the 6% commission to real estate agents is the backbone of our economy! No other payment in our economy really creates jobs! (Well, real estate agent jobs...)
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Renters spend lots of money, but they really don't generate very many jobs, Actually, if you want to generate a lot of jobs locally, eat out a lot at fancy restaurants - restaurants are extremely labor intensive, and probably buy more local goods…
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Besides, it is going to be a lot of fun quoting his posts back to him a year from now... Yep, just over a year ago, Mack and the RE gang were mocking people who thought that housing was overpriced as losers living in their parents' basement mis…
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"but I also refuse to pay any sort of rent" Whenever I travel, I insist on buying an aircraft, because I refuse to pay rent for a seat on the plane...
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It would be nice to see the comments. Is Leanne claiming a Seattle PI blog TOS violation by Synthetik and Eleua, or has she just started to arbitrarily ban people she doesn't like?
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To quote a commenter on Seattlecondoreview regarding condo prices dropping in Belltown: Still, I agree it's an interesting observation. I wonder if this reduction will be enough to get buyers to grow a pair. Remember - buy or have your ma…
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Interesting quote from Matt at Urbnlivn regarding Olive 8: The hotel opens December 15th with the condos closing January 2009 to June 2009. As it turns out I know a shocking number of people who bought at Olive 8. Only one of them is not an a…
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That is an orthogonal concept to how much value real estate agents provide. Alan, you are never going to make it as a RE Professional if you keep using words like "orthogonal". (grin)
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Seems to me that they should just turn off comments on all their posts, so the "blog" can just become what most (but not all) of the contributors seem to want it to be: an advertisement for their professional services. Two problems with that …
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When we talk to someone who really wants to buy or sell, I don't think it is fair to them to have the majority of non-agent speakers tell them "it's simply a horrible time to do any business". This is the crux of the matter - the RE Professio…
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You are not real estate agents, so please refrain from abusing the real estate agents and anyone else on this forum. I take that statement to mean that only real estate agents can abuse others on that forum. Boy, if you think they're grump…
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....oh, and if you forecast that real estate prices are going to drop, and your forecast turns out to be accurate, that means that you are a Bad, Uncaring, person. Where is your compassion?
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You're assuming facts not in evidence - that some people possess a sense of shame. I would expect that that sign will soon announce that Seattle real estate prices have bottomed out, following RE agents elsewhere in the country who first denied t…
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And this is why RE agents will readily suggest that you do such things--because it makes their job easier (always easy to spend other people's money) and if in fact it does result in a higher selling price, then it means a higher total commission fo…
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I consider the $50k investment to be "guilt payoff" because people don't really like getting something for nothing. They did "real work" to earn that money. It wasn't just handed to them on a silver platter. I've thought that for a while - th…
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Last fall I was driving around rural north Clark County. It was astonishing how many houses were for sale.
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I think that it is going to be a very long summer for Lar, given the unfocused venom of his post. The one fact I gathered is that it doesn't sound as if he's sold very many houses lately. I wouldn't also be sure that he has safely made his milli…
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"I sense many of the realtor bloggers are starting to realize who their audience is - that's right - potential buyers! Now that things have slowed, the tone of many have changed considerably." You've got that right - for example, who wrote this t…
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Further refinement of the "Real Seattle" concept on an increasingly sub-micro level from the PI real estate blog: There are still some areas with strong real estate performance. You have to look at small portions of each real estate area or city…
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No - the MySpace guy seems pretty reasoned for an RE agent. To wit: In the areas that were previously hot, we are unlikely to see such significant home-price appreciation in the near future. So, if you're considering buying in one of these areas,…
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From the Craigslist discussion: Your whole blog spews negative energy filled with gleeful doomsday posts, or simply attacks people. Word - shame on you for spreading "negative energy", Tim! "SeattleHomes" on Craigslist apparently can se…
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This seems to be the new RE talking point - the Seattle RE Professionals Blog has also been talking about the difference between Value and Price. They aren't very able to articulate the difference between the two, but I think that the point is that…
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She has acknowledged that the house will not sell quickly. I agree that she seems to have high-quality RE skills, so it will be interesting to see how well she does with her own house.
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"If that's the lesson, I find it sad that we even need to teach people this. As a fellow computer science guy, that models are simplifications of real life is so fundamental as to be axiomatic." A standard problem with economic models is that the…