mike2
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deejayoh wrote: Eleua - your beanie baby comment cracked me up. Hey, don't mock the Beanies. I was able to avoid having a real job one summer just by flipping bears.
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S-Crow wrote: If you are in for the longer term-say out five years or so- don't sweat it. But the insane multiple offer biddem' up $50K over asking is largely over. It happens in pockets still, but it is not routine as it was in 06'. There …
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deejayoh wrote: Pimco's Bill Gross, in a stunning announcement this afternoon, shifted off his long-term (25 year!) bond bull market call to one of a bear market in bond prices. Bill isn't a guy to bet against. He's targeting 6.5% on the 10 within…
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faster wrote: Doubtful, there are so many houses sitting on the marekt at 30+ days right now. 250+ just in Queen Anne and Magnolia. I imagine an offer $19k under list would probably be taken very seriously. I tend to agree with respect to a…
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synthetik wrote: With the 10 year over 5%, now hitting 5.1% -- any hopes you might have had for a recovery are firmly dashed. http://biz.yahoo.com/ap/070607/wall_street.html?.v=33 Thanks for playing though... Translated to Mortgage r…
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biliruben wrote: Are you sure about that, Mike? I had thought retirement plans were included in that number. It's certainly savings. You know, when I get more time I'll have to look that up. My understanding was that if the income wasn't…
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ayles wrote: Is puting money into a 401k factored in the overall negative average savings rate? No, and it shouldn't be since it's not disposable income. You can't use it to pay bills and pay down debt unless you make a withdrawl and turn …
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And another one: 15755 Dayton Ave N Shoreline, WA 98133 Current Asking Price: $349,900 Last sale: 03/31/2006 $363,950 http://www.redfin.com/stingray/do/print ... -id=476110 Looks like the bank started foreclosure on him, and from all…
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Before Ms. Soft Focus got the hang of blog posting she let fly some pretty nasty and unflattering comments. She's gotten alot better about watching what she says now.
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Yikes, this guy looks desperate. 910 N 82nd St Seattle, WA 98103 Current Asking Price: $469,950 Last Sale: $470,000 (12/29/2006) It appears the previous owner was getting foreclosed on so the current owner bailed her out. She came away…
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deejayoh wrote: nah - he I think he had just bookmarkedthis link which I believe will update as soon as results are available. he's probably refreshing his browser furiously as I type this Last months report was run on the 1st. We're at…
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Yes, it was a foreclosure. The odd thing is that the sale price was over $100K higher than the mortgage balance, and they've tacked on another $37K on top of that and still didn't bother to get a cleaning crew in there. If the house is worth $369…
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There is a section on agent motivations in Freakonomics. The conclusion in that case was that Realtors would rather the home sell at a reduced price so they can move on to the next deal. Anyone that does commissioned work is generally better off…
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I think your income range is too low. You should be earning closer to $150K to buy a $500K house using conventional financing in 2007. Most dual income white collar couples generally earn between $100K-180K, and yes there are quite a few of them…
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Purchased 1/07 for $332K. Looks like the renovations are limited to a keg party they forgot to clean up after. Now they want $369K. 8706 18th Ave NW Seattle, WA 98117 Har Har. http://www.redfin.com/stingray/do/print ... -id=762900
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It really might be different this time. People aren't pulling homes off the market trying to wait out the downturn. One thing that was very different at the 1989 peak from the one in 2006 was the trend in the number of homes being offered for sa…
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# of Covered Parking Spaces: 0 Parking Type: No Parking Spend $700K and park your 335i on the street in a high car prowl area just 1 block from lovely Aurora ave N.
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GetMeTheHellOutOfCA wrote: I purchased a place to live in not as an investment so hopefully, things will work out. Just happy to move to a city I really enjoy living in! So you enjoyed the winter here? That's the big test for Ex-Cals 30 …
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I saw this on a review of David Lereah's new book... As pointed out by Lereah, senior vice president and chief economist of the National Association of Realtors, "over 80 percent of homeowners in America depend more on the value of their home for…
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Well I for one don't think it's stupid at all if the time was right for you. Stupid: Buy 0-down with 103% financing as a stated income wage earner with no assets, planning (make that NEEDING) to refinance in less than 2 years and having that plan…
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Here's one off Countrywide's foreclosure site. Sold last year for $582K now listed at $470K. SEATTLE 2646 EAST VALLEY STR, SEATTLE WA 98112 SFR MICHAEL RANKIN $469,900.00 http://www.zillow.com/HomeDetails.htm?zprop=48941324
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So Boomers, how is retirement planning coming along? Everything I read about the boomer generation seems to say they have not been very good about funding retirement accounts and have around two thirds of net worth tied up in their primary residen…
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Here's one that went to preforeclosure quick. 200+ days on the market, sold for $415K last year now listed at $359K and is apparently still overpriced given how old the listing is. 12556 37 Ave NE Seattle, WA 9815 That's -13% YOY if they m…
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Last year at this time there was a large delisting of homes before memorial day weekend and a big jump immediately after. This year there doesn't seem to be much decrease in inventory at all - but I wouldn't be at all surprised to see another big…
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Rather I think this is no different than what people are already doing. Some of the new HELOCS available are quite obviously geared towards letting people roll their entire mortgage payment back into the loan. Specifically, check out WaMu's Equi…
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That's really unusual around here to see a preforeclosure on the MLS with the price reduced that much. I don't think, I've seen anything listed THAT far below the previous sale price. Plenty of houses that go to auction sell for 20%+ off, but to s…
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There are several reasons a house can fall out of contract, but generally most houses the go STI do end up selling. But no house is really "sold" until the close of escrow.
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Oh, no! Aliens, bio-duplication, nude conspiracies! Oh my God! Lyndon LaRouche was right!
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This would be better if the scale was closer to the ofheo chart, but you can see there were significant periods of declining interest rates that coincided with flat prices. 30 year fixed mortgage rates: 04.1971-08.2006 Hmmm... the img tag appe…