mike2
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jillayne wrote: Alright, here's the scoop. If we want to get a line on an increase in foreclosures here or nationwide, all we need to do is to watch divorce rates, the rate at which small businesses are failing and economic job loss reports. Som…
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It is going to vary greatly. 3 Groups: - Those that can hang on and do - Those that can hang on and decide it's easier to walk - Those that can't hang on Due to changes in mortgage qualifications, recent buyers are weighted heavier in the…
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rose-colored-coolaid wrote: I would say if their household income is over $70,000 a year, then it means something. What does it mean? That they should have bought before they were priced out forever? I mean really, if this couple could …
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Is it really shocking that a 20-something couple with 2 kids and no education can't afford a home?
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Someone has decided they REALLY want to sell after not being too serious about it for the past year. This property was foreclosed on from the previous owner. 8516 5th Ave NE Seattle, WA 98115 Originally listed at $579K Now asking $485K T…
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The Tim wrote: Anyway yeah, the mapping tools aren't the holdup, it's where to get the info on all the developers that are active in the area to populate the map with. Like Zillow pulls data from county records, I'd think one would be able …
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biliruben wrote: How are you accessing mortgage info, mike2? I don't see the deeds on line any more. Eh, you can't see the deeds of trust themselves, but you can see the instrument #'s and the dates they were issued.
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I like this quote: For example, if you bought a house in 2005 and saw it increase in value by 20 percent during 2006 and then prices dropped 20 percent during 2007-08, you have not really lost money on your house. You're just near the price you …
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From the county records they purchased with a piggyback in 2001, re-fi'd with a piggyback in 2003, then re-fi'd again with a single mortgage in 2005. From this history, there is a definite possibility that they could break even renting the house …
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perfectfire wrote: The wave of arms resetting won't show up in inventory for a few months because usually a homedebtor will be able to scrape together a few payments before defaulting and it takes a while for the lender to foreclose. I read…
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wreckingbull wrote: Off topic, but people should realize that when they install bull-bars like that on their SUVs, they are completely bypassing all crash engineering performed by the designer of the vehicle. But what if they're driving in …
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I'm jealous. It's been a few years since I did that drive and my mid-summer move disrupted my plans to do it this year. How's the weather? I hit the beach myself last weekend. Low 90's! Hard to believe I needed sunscreen in late September. As …
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The amount of bitter hatred the Realtors spew towards redfin is really eye opening. All the doom and gloom and wishes of failure are unbecoming. Realtors, especially Ardell, seem to have a very negative, closed minded view towards this discounte…
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Ubersalad wrote: With 20% down, 30 year fixed at 6.5%, 3500 annual tax, 650 insurance and 700 other debt...you need more than 100k income... Let's all stand and cheer for the near complete destruction of the middle class.
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jillayne wrote: Seller incentives can't be built into the sales price....but they always are. Is anyone enforcing this yet, or are we still seeing the same kind of corruption from the bubble years? Was the rule ever enforced?
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perfectfire wrote: What's sad is that she tried really, really hard to make the whole story sound noble, but it she really just came off as dumb and materialistic. You hit the nail on the head. She beats around the bush quite a bit, but w…
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As far as the Columbia city / Ballard connection - both were cities separate from Seattle when they were founded. Interestingly, what made ballard important was the same thing that killed columbia city. Originally, columbia city was on the main sh…
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EastSider wrote: Wow! It's already at 10,867. At this rate, it'll probably cross 10,900 sometime today. Damn, that was quick. 10,900 at noon. But hey, everyone wants to move to Seattle in time for the winter.
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Horror Artist wrote: In short, there is some indication coming out of the East that the market there is close to or at bottom. What's unclear to me is why DC area started to see some serious price declines while cheap financing was still …
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Gee, what a shame that the bottom 91.5% of households are priced out of owning the median home. It seems like just yesterday that families earning $150K/yr were doing pretty good. Now that's no longer middle class, unless you rent. (But really,…
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You know, I think you're right. As best I can tell it was RIGHT IN FRONT of this house, purchased in 2000 for $250K, with a Zillow "Make me move" price of $1,200,000. http://www.zillow.com/HomeDetails.htm?zprop=49115967
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Damn, I was in Loyal Heights on Saturday heading to a family function when, lo and behold, there was a pony right in the middle of the road. (this was on 26th ave NW just south of 75th). Unfortunately, it was light brown.
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Even after the market bottoms it's unlikely that we'll see an obvious turn around. A dead cat bounce or two is in order before we'll see solid appreciation again if past cycles are any guide. That said, I wouldn't be surprised if some markets se…
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I posted a good article on the health other top banks in the Countrywide / BoA thread.
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Is WaMu the next Countrywide? Check out the chart of non-performing assets of the major banks. WaMu's not looking so hot.
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I have a feeling that the baby boomers in the vp positions at these firms were thoroughly convinced that any period of rapid price inflation would certainly be followed by wage inflation. However, as we now know that didn't happen and doesn't look …
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finance wrote: Its ironic that even though many of you dont shop at Walmart you still benefit from the companies policies. And whether or not we shop there w'ere still on the hook for their employees welfare and medicade use. The main is…
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Ah, good to see justice in action. This is the Loyal Heights flip previously owned by the Huling brothers sales manager charged with stealing from a disabled customer. http://www.redfin.com/stingray/do/print ... id=1054850 FORECLOSED! In…
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Nude wrote: Looks like someone went to jail, unexpectedly. Ha, no doubt. The owner is the listing agent. Maybe he's just under house arrest.
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I don't even know what to make of this condo flip. 3820 NE 155th Pl #403 Lake Forest Park, WA 98155 http://www.redfin.com/stingray/do/print ... -id=828205 Purchased 11/2006 for $167,500 Currently listed at $227,500 Comes "fully furnish…