meshugy
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- meshugy
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First, it's not that a HOUSE "should" be 3 x median income, it's the MORTGAGE. I'm not suggesting that everyone brings savings to the table, but it's a reality that as people increase their incomes/family size, they decide to buy a bigger and more e…
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deejayoh wrote: 11% in ten months, 0% in the last two. As they say "the trend is your friend" and "the season is the reason." Even in the hottest years price changes little over the winter...
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biliruben wrote: A Is this desperation as the market teeters on the brink, to coral a buyer before the decline? Dunno. Nah...the market is still very strong. That's all...
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Matthew wrote: S I wish he would stick to smoking weed and playing his gypsy guitar. I hate weed...makes me gittery. But give me a good bottle Scotch any day. I'm actually not a housing cheerleader....I'm more of a moderate. While I don'…
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Apparently so: King County growth booms Strong job growth in King County and longer commutes to outlying communities are two reasons experts give for new U.S. Census estimates saying the county is growing faster than it has in years. "You def…
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Hopelessly liberal....
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The Tim wrote: Those are the kind of questions that I just don't ask. Sure, I wonder, but all I need to know is that I'm living rent-free. There are actually two houses on the property (it's over an acre). He collects a paltry rent from the guy…
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synthetik wrote: Some people are just extraordinary and do bizarre and strange things all the time. Cool....can I move in with you?
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Right....I saw that. But why won't the guy charge rent for someone living on his property? That's totally bizzare. Is it some sort of religious cult compound? Obviously he must have a mortgage, or a least taxes and maintenance to pay. Why would h…
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That sounds awesome Tim.... Can you explain the free rent thing again. I still don't understand why your landlord won't charge you rent. I think you'll have to admit, that's extremely weird. I'd be a "renter" too if I had a rent free house.
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synthetik wrote: 1. I find it most difficult to believe that someone who has so little skin in the game (owner of one median priced home in ballard) spends so much time railing against the forces of Seatte Bubble. Not railing against anythi…
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synthetik wrote: Sell the boxy little joint and be done with that. Good, you're learning to be polite. Keep it up... The fact that you haven't sold and continue to participate in this forum makes me think that YOU are the one who has so…
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Sorry, there's nothing to be afraid of. If there were real estate crazed lunatics out there they would have gone after Tim along time ago. I never post anything on a Forum that I wouldn't say to someone in person. It's as simple as that. I've never …
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As I figured...big mouth, no guts. Since you can't prove the unlimited wealth you brag about on a daily basis, we can only assume you're a low a paid wage slave stuck in cube land. Not sure what the big deal about using your real identity is....t…
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synthetik wrote: I can't begin to describe the freedom my wife and I have. Having your own company and not buying assets when they peak in price has always been a blessing. Prove it....
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I think many of us on this forum could buy their home with cash, but they choose not to. Dream on....just stay in your cubicle and be a good boy and maybe your boss will give you a raise.
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Alan wrote: Your PITI is around $3200/month. Your home is around 1400 square feet. My observations put rent at about $1/sqft. You could rent a comparable place for $1400/month. We pay $2,400 a month. Good luck finding a comparable rental f…
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yes...these margin suck. Tim, can you please fix this?
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http://seattlepi.nwsource.com/archives/ ... 040783.asp the Seattle-Everett Real-Estate Research Committee reported the average price of a single-family home in Seattle was $36,021 in 1977 and $97,061 in 1987, an increase of 169 percent, while the…
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I don't see any stats for Seattle....
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biliruben wrote: Shuginator - get some historical perspective. The reason the inventory was so high was that mortgage rates were pushing 20%. Could you afford a house with a mortgage rate at 20%? That's the point...despite ultra high …
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I can only guess....but I think we'll get around $600K for our house in about three years. An 800K house will be just that, an 800K house. If we're able to save well over 100K in that time then maybe will shoot higher.
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Alan wrote: I find your bragging of how much you have made on your house to be very tacky. It's not bragging...people constantly ask for fact and statistics. I post many types of stats...one barometer is the value of my own house. I c…
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synthetik wrote: if the goal of this forum is to help educate people about the bubble so they won't make a horrible financial decision and possibly lead a better, more secure life, then you are helping to forward the opposite ideal. The f…
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It's hard to find stats on just King County...but this article shows that King and Snohomish had 25,000 homes for sale in 1985, and around 20,000 in 1986. Feb.2006 Snohomish/King Inventory: 12,108. I also love how they're so stoked about inter…
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I'll probably sell my current house in about three years. At that time I should have a good down payment saved up for a house in the 800K or higher range. And should also have nearly 300K in equity in my current house. I'd really like a nice craftsm…
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Hi Synthetic....what's reason for your constant personal attacks on me? You seem really upset about something. Nice day in Ballard...took the kids for a walk to the Ballard Farmers market. Got some awesome bread from the Tall Grass bakery. Those …
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If you look back at the MLS records. there was much more inventory back in 2003. Feb. 2006 King County Res. Active Listings: 6,124 Feb. 2003 King County Res. Active Listings: 8,358 Was the market crashing back in 2003? No, there was healthy…
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Actually...that house is directly behind me!!!!!!!!!
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Hi Blues... The other day I was in my front yard and a woman stopped her car and asked if I knew of any rentals (Loyal Heights). I told her I hadn't seen a single one. She replied that, "because of the slowing housing market I figured there would…