mike2
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deejayoh wrote: do you think this is the same guy? his myspace is "Seattlehomes" http://profile.myspace.com/index.cfm?fu ... =156912283 Status: Married Here for: Networking, Friends Orientation: Straight The guy on craigslist is Pa…
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deejayoh wrote: I vote that the whole user account should go Yeah, we could use a "report to moderator" button for this stuff so it can get removed quickly.
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7009 26th Ave NE Seattle, WA 98115 Asking Price: $574,950 Last sale: Sep 21, 2006 $453,501 $25,000 Temporary Price Reduction!!!! Sure it is... Also available for rent on Craigslist for $2100/mo. http://www.redfin.com/stingray/do/print…
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david_mcmanus wrote: Mortgage rates are tied to the 10 year treasury note. O RLY? Yields on agency mortgage-backed securities rose to a new 22-year high relative to U.S. Treasuries as banks stepped up margin calls and concerns grew tha…
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jillayne wrote: I taught a class on foreclosures this morning, about 25 Realtor students, and only one of them had read these blogs. This is typical. I drew out the mortgage meltdown diagram on the board showing the systemic path from the consume…
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redmondjp wrote: They start using their new laptop, emailing others within the company using Outlook, and sending Word documents, and (surprise, surprise!) everybody else in the company can't open those emails or documents because their software d…
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Looks like Biotech and Pharm are bearing the brunt of the cuts thus far, with venture funded software and telecom rounding out the rest.
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What I find truly amazing is that defaults on prime loans issued in 2007 are actually higher than subprime loans issued in 2005 when tracking the # of months to 60+ days late. Prime isn't as prime as it used to be.
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Regarding the house on 14th - I bet the previous owner thought they got a screaming deal only to find out they'd bought a tear down. I can only imagine what they found in there that made them walk away.
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Heh, he conveniently overlooks that all US real estate is located in the US. Look at US wages priced in Canadian dollars. Why would RE go up with wages taking a 40%+ haircut in 4 years?
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You'd need to know how many people can access credit at certain levels. Not easy to figure out unless you have access to insider financial information. All us serfs can see is that credit has contracted substantially. At this point in the cycle, s…
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The highest state on the list with plunging RE prices is... Virginia! Prices in Fairfax County have dropped so dramatically that we're now at the same level as Seattle. (gasp) I can't complain. Prices in my neighborhood were at the $500K lev…
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Rhonda P wrote: I think it would suck to have your rents raised and having to make a move... It's all part of the game. Part of life is being flexible to move. If you're not a flexible person, price in whatever premium you're willing to p…
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How could we know how much you're writing off? Self employed people generally have a lot of deductions. One friend in particular runs a cash business and in order to buy a home merely claimed enough income to qualify for a loan - which at the time…
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Are you getting your deposit back? If not, better sell off whatever items from the unit that you can.
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Yea, there a few thing left out that would have an effect on the rent/buy calc, like insurance, income tax deduction and comparable rent - however, when I look at the $100K cost overrun of buying vs renting, the question becomes how much of that $10…
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With 66% of the mortgage brokers not renewing, it seems like no exaggeration to say that the RE industry in Washington State is in nothing short of a depression. Anyone know what % of the state economy RE and construction make up? Whatever it is…
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$300K still seems like an awful lot to pay for a condo outside of downtown, let alone in Kitsap.
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Something doesn't seem right here. If she had a subprime loan, the interest rate probably started in the 7.5% range. Just the interest payments on $850K would have been more than the gross gain on sale after 2.5 years, and way more than the net. …
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4216 153rd Ave SE Bellevue, WA 98006 Bubble sale price: Jun 21, 2006 $470,000 Current listing price: $380,000 http://www.redfin.com/stingray/do/print ... id=1168229 And here's a weird one. At first glance it just looks like any other ru…
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Ubersalad wrote: what the hell is $5000 bucks going to do in the city with medium house price more than $400k. this might work in Detroit or something. You can put together a pretty sweet home theater for $5K.
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laxtosnoco wrote: 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 lo…
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What I've come to find is Bank Owned homes have gone to auction, and the reason they are now in the bank inventory is because the bank put in a floor bid for the property and nobody else offered more. Banks obviously think they can get more than …
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This sale history is more like what I'm used to seeing in Fairfax county. Though in Fairfax there would be no chance that it would sell near the 2007 price. In Woodinville, there is still a glimmer of hope. http://www.redfin.com/stingray/do/pri…
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Bellevue? Seriously? :roll: Bellevue is crap when it comes to city culture for 20-somethings. No reputable (even starving) bands play there. I guess if you like 80's covers played by 40 year olds, it's cool. Yikes.
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Well, what would it take to seize the personal homes and non-retirement assets of the brokers breaking the law? Fair is fair. They should be held civilly liable.
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As for the parts of the country most actively seeking fiscal answers online, New York; Washington, D.C.; Well, good to see that the legislators are starting to educate themselves about what is going on amongst the great unwashed masses. Person…
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For some odd reason, there also seems to be a substantial lag time between the auction and the property going up for sale on the MLS. I don't quite understand why properties that went to auction sit empty for months before showing up for sale, but …
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Agreed - but it takes some time before distressed properties end up as distressed for sale offerings. Seattle has a way to go before the distress sale propeties start making up a significant portion of the inventory or having a meaninful effect on …
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Here's a condo over at Riverview that is down 9%. 22213 42nd Ave S #204 Kent, WA 98032 Asking Price: $245,000 Previously sold 08/16/2006 $269,000 http://www.redfin.com/stingray/do/print ... id=1363243 EDIT: Now asking $200K. Down 25…