biliruben
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It's not really possible to track it in a rigorous way, because you can't know how much equity you have until you sell, and the agents finish feasting on the remaining equity. I will tell you that Seattle has seen significant declines. Anyone wh…
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Those are asking prices, barista. The sellers haven't had time to panic yet. Many are still partying like it's May of 2007.
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Sorry for the premature pontification, RCC. Carry on!
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I'm selling because my house is too bloody small. I'm in a nice situation where I can sit back and watch the market for a year or so, mortgage and rent-free. Hunt for the right house, and buy with around 50% down, depending on what this one goes …
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The inflection point was round-about August, 2007. Prices are currently falling. Fast. I am currently hyper tuned into the houses that are selling and the ones that are sitting in the 250K-375K SFH market in Shoreline, as well as the 550K-650K …
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The main reason I'm not considering the Eastside for my next home is that it's wicked expensive. If I'm gonna live in suburbia, I'm not going to pay Queen Anne prices to do so. But I don't hold you in contempt. It's better tha we corral all the…
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The view from my house - flipper to my left. Renovator to my right. Investor looking to buy dead center. The view from where I'm staying - serene lake Washington and the Cascades.
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Hey, sure. I'll keep you updated.
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Heh. Dang! He probably would have gotten a restraining order.
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Very, very quickly. I am putting my house on the market, and so I studied this comps this weekend. Even my pessimistic arse can't keep up with how far and fast this market is falling. My "price well below the market and get it sold" price tha…
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My sister works on Main St. in Battleground, and will be shopping for a house down the line. Good info to know. It's hard to get a handle on the trends in the boonies as well as in Oregon.
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Why list it at all if you have a buyer without a re-liter? Explain what you mean.
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900K in June. Listed as a short-sale for 650K. Has this got to be fraud? http://www.redfin.com/stingray/do/printable-listing?listing-id=1562947
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I don't think Morgan gets anything from Bear. They were just a conduit. Why they need a conduit, I'm not sure.
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It certainly depends on the house and the list price. If it's a ticky-tacky house in the burbs of the mold as 300 others in the neighborhood, priced at last July's peak, then I wouldn't touch it for more than 20% off list. They won't yet take it…
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I think it's going to be rare seller that is ready to take low-balling seriously yet. I think you either have to get lucky and nab a rare well-priced house as it goes on the market, or you just gotta wait them out.
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Excellent and timely topic, DrShort! I've been staring at the MOS in 720 where I live slowly rising towards a buyer's market, and realizing now's the time! My plan is #2, but I wouldn't do it if the situation weren't pretty perfect (and I'm s…
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Don't look at me. I sold short at 30, covered at 15. Diddling about after the stock's been relegated to the dungeon takes more courage than I have.
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It's Shelton. Sheep are plentiful.
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As usual, Tanta quells the hysteria. She makes a good point that it's hard to root for the deadbeat in this case. And it sounds like legitimately losing the note has a fix. You just attest that you looked real hard for it, couldn't find it, …
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She is preparing to list her own house. For a bunch. So we will see if she is right. FWIW, my guess is she's a pretty good Realtor, so I wouldn't put it past her to get top-dollar in this transitional market. She doesn't seem to fear chasing…
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Interesting, Jillayne. What were the class sizes 6 months ago?
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I think they sell you a kit showing you how to stop paying your mortgage for like a thousand dollars. Spend it on a lawyer instead.
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Thanks, Jillayne. I missed that. Not too much of a surprise. I actually made a little effort to postpone replacing our disgusting, disintegrating carpet with hardwoods. My wife finally balked at waiting any longer, but I was hoping to get more…
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I noticed Ardell is pondering selling her Kirkland Home. Maybe we are getting to her.
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It could be that 2 million have missed a payment.
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Wow. I didn't realize actual foreclosures were up that high. About 1/8th are in California. There are about 70 million owner-occupied homes. About 51 million have mortgages. So more than 4% of those were foreclosed on in 2007, and 2008 is ce…
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Fremont, though it might be tough to find a garage. Maybe not: http://seattle.craigslist.org/see/apa/550328524.html
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It's impossible to predict how far down the market is going to go. I am sticking with the companies who I think have a decent chance of a bright, long-term future. I'm also keeping cash on hand, and will start looking for some more good beaten-d…
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I'm sure folks will try. So the lawyers get it all.