deejayoh
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mukoh wrote: DJ, Renton, depending on who you ask has seen homes that were brand new in 07 for $480s come down to $370s now. "depending on who you ask"... is that that someone's name? anyway - I am more puzzled by the premise that you …
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The Husky football version how about enabling youtube embedding in the forums?
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I see a number of issues with your logic that just don't make sense to me 1) Why are you basing your estimate of what rents should be off of a % of home price? that seems backwards. There has not been a "rent bubble" so you can generally use a re…
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EastSider wrote: Not exactly a flop -- but a $1m reduction in the builder's asking price. http://www.redfin.com/WA/Redmond/7533-2 ... e/12299711 Nov 25, 2008 Price Changed $1,698,000 -- NWMLS #27203955 Nov 27, 2007 Listed $2,698,000 --…
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I think the bigger distinction, especially for "Wave 2" is between Alt-A and "pay option" ARMS. Mr. Mortgage did quite a write up on this issue a week or so ago http://www.doctorhousingbubble.com/opti ... lt-a-wave/
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SoCalXplant wrote: I'm also hoping for either increased (and cheaper) ferries, and/or a new bridge or tunnel across the sound joining West Seattle to Vashon and Southworth. But I know that's currently just a pipe dream, and LOTS would have to cha…
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Ubersalad wrote: EastSider wrote: Medina home Sold in Jun/2006 for $2.65m, and then for $3.9m in July/2006 (fraud??) Currently listed for $3.2m (18% drop from 2006) ZEstimate is $3.9m http://www.redfin.com/WA/Medina/8245-NE ... ome/251…
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I'm still trying to figure out how there are views of seattle from Port Orchard http://maps.google.com/maps?q=port+orch ... 1&ct=title
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Tejas wrote: deejayoh wrote: many of these buyers probably can refinance deejayoh, Serious question... If they could not afford to purchase the home with a reasonable loan package during the 'fast and loose' period we just went th…
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Looks like the bulk of the resets are in late-2009/early-2010 Given that most of these loans are 5 year ARMs, that means they were made in 2004/2005 Interesting to compare this with the Zillow report on homeowners who are under water by vintag…
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WestSideBilly wrote: The Tim wrote: WestSideBilly wrote: Not to be overly analytical, but you should base your % decline from 2007 when he said this, rather than the 2005 peak. I'm not sure I get what you're saying. His quote was tha…
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2004 Pricing returns in Magnolia! This place sold for $575k in 11/2004 On the market for 150 days so far, they just lowered the price to $585k so pretty much break-even to purchase price From the comments: Great view of downtown when the …
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appears I might have latched onto another one here :twisted:
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Take the inverse of the PE and you have the cap rate. That is a measure that is commonly used by property investors and you can pretty easily find what people are buying at today. They hit 7.5% in 2001 (13x) Maybe they will go lower this dowwnt…
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rose-colored-coolaid wrote: deejayoh wrote: I can't believe I had more posts than RCC just few short months ago. Sniff. Well, you skipped out on the off-topic threads. I guess you might say you rode the wrong horse. wait - you …
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Alan wrote: Mack has stated repeatedly that the opinions of Bubble-bloggers are simply the useless musings of amateurs At what point do The Tim's writings go from amateur musings to professional opinion? Do his past posts change retroact…
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LongTimeListener wrote: Those people don't need help, they are already have lower monthly expenses...and if they aren't spending their excessive savings now..they never will. There is already a bail out plan for renters who decided not to buy…
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uwp wrote: She needs a new laptop. Or is that a prop? Remember, you have to hold it upside down and shake it to reboot
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rose-colored-coolaid wrote: So, today the recession became official. The question is, does it matter? We all knew late last year what was really going on, it just takes time for the officials to become certain enough to make the declaration. …
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Wow. You got in the same room with her or is this photoshopped? I thought she might rip your throat out and drink your blood
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rose-colored-coolaid wrote: Did WaMu have any contract labor in the Seattle offices? Janitors, auditors, etc... I don't know how you compare against Boeing. 30,000 jobs is much higher, but those losses were spread throughout the area rather t…
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This is from 2006 At the end of the year, Washington Mutual had 60,798 employees nationally. ... Washington Mutual has about 5,000 employees in the downtown core, and Killinger said that total will remain stable or even increase. The company h…
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perfectfire wrote: More news. Up to 19,000 jobs to be cut. Bulk of the cuts to be in Seattle due to overlap (so the speculation was probably true). Employees will know what their fate is on Monday. How many WaMu employees are in Seattle? …
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sniglet wrote: Actually, Peter Schiff has been spectacularly wrong! He has been proclaiming the end fo the US dollar and assets for ages, extolling the virtues of Asian stocks and precious metals. Instead, what we are seeing is that ALL the wor…
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faster wrote: sniglet wrote: FreedomLover wrote: 153 is a lot. Buyer's market. We are only some 30 listings or so more than where we were in mid-November last year (look at the earlier posts in this thread). Sure, it's higher than n…
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I think he meant 3000 dumb enough to buy today. I'm another renter by choice. So I guess it's 2998.
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Found it! It wasn't Ray - sorry for the inference. Somebody named "James" http://seattlebubble.com/blog/2008/05/1 ... workforce/ 29 James // May 18, 2008 at 7:36 pm Dejayoh, I'd be the happiest builder in the world if I had THREE po…
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Wasn't someone (I think it was Ray) talking about how much demand there was for this development in comments on the blog last year? I remember saying at the time that deposits <> sales and receiving some response that basically I didn't kno…
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sniglet wrote: Don't forget that the Nikkei lost 80% from it's 1980s peak, which would be somewhere in the 2000 range for the Dow. Unfortunately, I think that this downturn is going to be worse since the global economic environment is so bad. Thin…
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From his bio, typos and all... SAFTEY AND PROTECTION FOR YOU AND YOUR FAMILY: Next to Police work, selling Real Estate is the 2nd most violent profession. It's a fact that when you sell your home it is open to the public. Snoqualmie Ridge attrac…