Markor
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EastSider wrote: Redmond home Sold in Sep/2006 for $532K Currently listed for $499K (6% drop since Sep/2006) ZEstimate is $528K http://www.redfin.com/WA/Sammamish/2421 ... ome/262405 The price history shows a classic case of following…
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Yeah, I thought that discrepancy was odd too.
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Completely ignoring the bubble for a moment, my opinion is that I wouldn't buy a new anything, esp. not on a highway, except for a deep discount relative to older, way better construction. But it's not going to be discounted anytime soon, so why bot…
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I don't know how much of a comp killer this is, but it's an interesting (and short) thread about a reduced-priced house near the Arboretum: http://forums.redfin.com/rf/board/message?board.id=Seattle&message.id=3394#M3394
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Funny report! You gotta wonder why these condo buildings are still going up everywhere. Maybe they figure they can still make a profit even at true market prices.
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AME, I decided to sell and rent in the process of switching houses. I'm in sniglet's camp, with the exception that I'm betting only that prices will fall more than enough to have made selling & renting worthwhile. I'll keep my assets in cash and…
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evokanivo, the minimum market price in that zip is now ~$350K, I think. That is, unless a house needs more than cosmetic work, it would sell quickly for $350K (or sell for more but maybe not quickly). Maybe in another year it will be $300K. In 2004 …
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sniglet wrote: My general impression is that home-owners in this area are still in fantasyland, unwilling to accept that things aren't what they used to be (including those people trying to rent out their properties). I follow those zips too,…
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EastSider wrote: Issaquah/Montreux Home Sold in Aug/2008 for $912K Currently listed for $885K Now there's a recipe for success: Buy a house for top dollar, then put it on the market the very next day for less.
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Good article. I've said all along that we could see 80% price drops from the peak. (People will sell property for peanuts before they'll starve, the Great Depression showed.) Even holding on to cash in the bank could become tough. Hopefully it won't…
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This Lake Hills house is odd. 16240 SE 8th St., Bellevue, 98008 4 br / 2 ba, 1670 sq. ft. Bought in July 2006 for $425K. Sold in July 2008 for $326K That's a 23% drop. The last price sets a new abnormal low for the area. What's more odd is …
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perfectfire wrote: The reason I ask about the steep driveway is because we're renting a house right now with a steep driveway and there really isn't anything wrong with it. I suppose if you are in the habit of parking in your driveway instead of …
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rose-colored-coolaid wrote: Personally, I think the entire issue should be controlled at the state level, as this does not seem to be the kind of domain that the federal government should be involved with. Why? Whether or not an act is murder…
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rose-colored-coolaid wrote: If your liberal, do you think someone kicks a pregnant woman in the stomach that they can be tried for manslaughter? Pretty much everyone agrees the agressor should be tried. Your thought experiment here shows tha…
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The Tim wrote: Last time around, the day before the election they had Kerry winning the electoral college 298 to 231. On Oct. 30, two days earlier, it was the other way around. I suspect that's because there was a lot of battleground states t…
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Using state-by-state polls, the only ones that matter, Obama leads by a significant margin: http://www.electoral-vote.com/
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EastSider wrote: BTW, there seem to be many 2-bed units in "The Cleveland" that have been sold for less than $200K. As an example, check out http://www5.kingcounty.gov/kcgisreports ... 1624000170 ; wonder how that's possible, when 1 bed units were…
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biliruben wrote: I wish the auction process were more amateur-friendly. I would have happily paid over 600K for the house, I think, not having seen inside to know for sure. Suggestion: contact the seller, and ask him/her if they are interest…
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EastSider wrote: Redmond/Cleveland Condo Sold in Aug/2007 for $450K Currently listed for $289K (pre-approved short sale) Wow, that same condo, except on the 4th floor, was renting for $1250 in Aug. 2007 (I was considering, but better deal…
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A smart buyer would ignore sales history except for the info it gives for negotiating (generally easier to talk down seller who stands to make more profit). I think the seller is dreaming. This Overlake (not Bridal Trails) McMansion might go for $80…
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rose-colored-coolaid wrote: So, will McCain or Obama end up taking blame for the next time down? It really depends on how long the bust cycle lasts. If it turns around by year 2 of either candidates term they may go down in history as economic s…
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lamont wrote: Second, I think Obama-McCain is going to look a lot more like Clinton-Dole in terms of the outcome. The MSM likes to find polls where they're neck and neck because they like a horserace. I expect this one is going to be a blowout, h…
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We're not to mention politics here.
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Big Mike 34 wrote: Markor: News Flash...How does a business get the money to pay Taxes or Employees....THEY CHARGE MORE FOR THEIR PRODUCT....I am always amazed that people think businesses pay taxes...what ever the tax is passed on to the consu…
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Robroy wrote: I've said it before and I'll say it again, it is very expensive to be poor in this country. -Prepaid phone calls cost more than post-paid -An old beater car costs more to operate than a newer car -Payday loans cost more than a PLC…
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biliruben wrote: Here in progressive Washington, we harness the poor to pay our taxes so the rich don't have to! That seems to be a non-partisan group, making their conclusion more believable. Still, I have a hard time believing that Idaho's…
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Niuska wrote: While Bellevue might be better in terms of location, most of the SFMs and townhomes are fairly old and they show it. At least that is my impression. There is a lot more selection that is newer around Issaquah Highlands and along that…
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Big Mike 34 wrote: We have some of the highest sales taxes in the country...Huge B&0 taxes and other business taxes (Who do you think ends up paying for them).... We also have the highest Gas tax in the US.... But no state income tax, lik…
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perfectfire wrote: Rents on SFHs in Bellevue are around $1/s.f. Is it more expensive in Issaquah? It think so. When I was looking for a rental in January, an Issaquah townhome like that above, but no good view, was about $1800. There were a …
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Big Mike 34 wrote: ... AND YOU CAN'T SELL THE HOUSE..without suffering a huge loss compounded by 1000s in sales tax (thanks gregor) ... Points of fact: taxes are necessary, they gotta come from somewhere, and we have no income tax in WA like…