laxtosnoco
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Yes the ads are real, and they are the most annoying spots on the airwaves. Anyone who buys an overpriced fiberboard house because of those ads deserves what they get.
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Anyone notice that the post count has stopped tallying? For example, RCC above is stuck at 533 and Tim is stopped at 205.
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Here's another Shady re-list. Not sure what the original price was, but there's been at least one small price drop. Shows new on market today. http://www.redfin.com/stingray/do/print ... id=1501292 MLS: 28031626 1420 Grand Ave Everett, WA …
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One of the problems with the Rfin site is that it only picks up the current market period. I think it's more misleading than no days on market. It's not just Redfin. If you go to other sites (ex. John L Scott), these re-lists will show as 'N…
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That's a valid point. I don't know what the NWMLS threshold for price drops is. This is a pretty common occurrence, so I've got another example handy: http://www.redfin.com/stingray/do/print ... id=1474522 MLS#: 28025751 4620 College Ave Ev…
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Your response made my point for me: "under the usual contemporary definition of inflation, 'deflation' means a decrease in the general price level over a period of time" AND " a decrease in the money supply is likely to cause a decrease in the …
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We should first define the terms we are using: Inflation (classical definition): increase in money supply Deflation : decrease in money supply Your definition is not quite right. Inflation is an increase in the price of goods and servi…
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I'm with deejayoh that it seems a little creepy tracking something that should be a private transaction. But I guess it was her choice to put all the info out there. I just hope the sale goes smoothly for her and she gets close to asking in a qu…
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Is it a good time to buy now? Run some quick rent vs. purchase calculations and I think you'll get your answer rather quickly. There are tons of nearly identical properties in Mill Creek that I wouldn't feel any pressure to pull the trigger.
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A mobile home on acres in Lake Stevens for $1.4m! I don't care what it is zoned, that is crazy! Or maybe I'm wrong and it will sell on the 563rd day on the market.
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Yes. Thank you.
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kpom, you raise a really good point. I saw the same thing in Los Angeles. Prices fell first in outlying areas like Riverside & Lancaster, so many agents that said 'prices will never fall' switched to 'prices will never fall in LA proper.' Now…
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I like the look overall. The only thing is that the board index text is pretty small and hard to read.
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This type of program doesn't bother me much, but I don't think it will make much of an impact (40 homes is a drop in the bucket). Foreclosures and vacant houses can certainly damage neighborhoods. If the City focused these loans on high-crime ar…
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Yup. I think this will be our dead cat bounce moment.
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Not quite. PMI is determined by whether or not the LTV is 80% or higher. Plenty of conforming loans have PMI attached to them. That said, if the limit is increased, interest rates on what were formerly jumbo loans should decrease.
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The deal may fall through yet, but I'm glad the executives worked their retention bonuses in. I was worried they might not be taken care of. Well, I suppose without the green wristbands they'll need something to motivate them.
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Anyone starting to notice more bank-owned properties? This one is in my target area: http://www.redfin.com/stingray/do/print ... id=1408016 Address: 4811 Seahurst Ave Everett, WA 98203 Last sale price (excepting the trustee sale) was $417k…
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Thanks RCC. I love me some derivative humor.
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My acquaintance has one credit card, that he never uses, and always paid CASH for his automobiles. Who the hell does THAT anymore? Uh, I think a lot of us still pay cash for cars. I was willing to use student debt as an investment in myself, an…
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Squidier, http://www.redfin.com would be a good example of a discount agent model.
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http://www.redfin.com/stingray/do/print ... id=1181894 Sold a year ago for $470k Now listed for $350k
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Thanks for the update on Sno Co and let us know what you see first hand. I keep tabs on listings and sales in the area because I live and plan to purchase here. There sure has not been much (closed) sales activity that I can discern. In late No…
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EastSider said: "But, the rental application asks for a lot of personal info (eg: SSN, info on all our bank accounts, job-history, etc, etc). Is this typical?" Yes, this has become standard practice. They need your SSN to run a credit report, wh…
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From Marketwatch: On a year-over-year basis, prices were up in five cities, led by Seattle and Charlotte, N.C., with 4.7% increases. After adjusting for inflation of 3.7% in the past year, real prices were up in just two of 20 cities. Here are…
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Congratulations CreekFreak! Becoming a homeowner is an important milestone and it sounds like you went into the transaction with eyes wide open.
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These folks aren't even very tricky. The seller should at least close the MLS listing and open a fresh one. If I was an appraiser called in on this one, and I saw the pricing history in the MLS, alarm bells would go off in my head.
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No grass in the front yard, but there's a Hummer H2 in the garage. Classy!
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Good luck on the thesis! My advice is to do whatever your thesis adviser(s) ask you to do. You'll be tempted to make the document 'perfect' from your perspective, but the adviser is the one who you've got to please. A little kissing up never hurt…
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Hard to feel sorry for the folks who bought Household International, one of the premiere predatory lenders at the time. Based on the general level of consumer complaints and ire it looks like HSBC largely took over where the old Household left off.