GetMeTheHellOutOfCA

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GetMeTheHellOutOfCA
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  • I think predicting where rents are going in Seattle is dependent on 2 factors. Firstly, the rental inventory on the market. Those predicting a decrease in rental prices claim speculators unable to sell / flip condos / SFRs will be forced to rent in …
  • Based on my experience in Seattle, Seattle is a story of 2 housing markets (perhaps more). The good homes that are well priced move quickly. The overpriced, ugly, fixers sit.....until price is reduced to be in line with market. I can look at a home …
  • If you're happy with the house, landlord and rent then keep renting if it makes sense for you. I got tired of my landlord trying to shift responsibility for fixing things on to me and the last straw was his increasing my rent by 13%. I looked at …
  • Yep, my big risk factor is job loss but I have enough reserves to cover payments for a year. In a perfect world I would have held off for another 2 or 3 years but I didn't want to put my life on hold. I purchased a place to live in not as an investm…
  • Don't let reality interfere with your interesting hypothesis on Seattle pricing! If you'd bothered to read my post you would have read that I am not an equity locust but a first time buyer. I lived frugally to save up for a down payment in order to …
  • It is all relative...I came to the same conclusion you did except I was living in California. SO I moved to SEattle and bought a place. Denver was a city we considered as was Autin and Portland. In the end, you get what you pay for. Yes, you can …
  • Yes but then I would be living in Colorado or Texas. I'm a west coast guy and if it's not San FRancisco, it will have to be Seattle. Seattle is special you know. You know, you could snap up a larger piece of Denver, or a really big piece of Austi…
  • The correlation between price and volume is counter intuitive and indicates that some other process is driving this behavior. One interesting dynamic I have noticed about Seattle market is that the vast majority of Seattle housing inventory is ov…