redmondjp
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On KIRO 710 AM during the 6pm news last night they featured a story on local real estate, interviewing an agent who was chastising the local media for scaring buyers away with national stories about how bad things are (all RE is local, right?). He …
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I was wrong in my post above about the DR Horton development on Rose Hill--the prices are for townhomes and not just the lots, see this link: http://www.drhorton.com/corp/GetCommunity.do?dv=Y7&pr=44176
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Kate wrote: I can just offer anecdotes. I noticed a local builder has switched a sign in our neighborhood from "Two Luxury Homes coming soon!" to "Two lots for Sale". I also see a big D.R.Horton development in Redmond with a new sign saying from $…
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11,438 on 9/24. A bit behind on the straight-line plot from above, but we've got a whole 'nuther week to hit 11,600 . . .
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Ardell said in her post: I worked day and night, seven days a week, and made the payments gladly. Gladly working 24/7 . . . I wake up working. I go to sleep working. I work every single day. But I do know that I will pay my mortgage paym…
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Regarding the house above, I know it well, as I walk past it every time I go to vote at the elementary school down the street (even saw Erik last time I walked by--he's my old boss!). Must be nice to be able to upgrade--apparently the company is pa…
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You know, it's considered fashionable to arrive to the party late. But these people are arriving just as the party is getting over. Oops!
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Sure, with 20-20 hindsight, it's EASY to say that he should have bought in '03 and sold in '06. But seriously, how easy is it to see the top? I would argue that somebody who bought in '03 is NOT going to magically wake up one morning in '06 with a…
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OK, who's in for 11,500 by month end?
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You didn't mention renting a SFH via a property management firm, which is not uncommon for out-of-the-area investors/owners. My neighbor just moved a block away and is renting his old house out. I can't imagine what the tenants will do when some…
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Puget Sounder wrote: . . . Moreover, I always complained about the lack of hipness of the Eastside until this episode. . . Hey now, man, we got plenty of hipness here on da Eastside--I give you some excerpts from the 9/8/07 Redmond Reporter P…
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Ha ha ha hah! Oh Tim, you crack me up. In my weekend car trips around the Eastside, I noticed the most number of real estate signs out that I have seen in about five years. There were three (count 'em, 3) open house signs at the major interse…
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Have you suggested to him lowering the price? The selling season is almost over!
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burritos wrote: Both are rented out, but each currently have a negative cash flows of $100 a month. I'd really like to get a property in the Dupont area too, but an acquisition there with today's prices would be too much of a negative cash flow fo…
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I don't think you're going to find any good source of data for SFH rentals. Checking Craigslist is probably your best bet for current conditions. I live in Redmond a couple of miles north of MS, and from what I know, apartment rental rates conti…
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perplexd, Marching in the streets does not accomplish much and is not what I would consider getting involved in one's government (yes, I have done it also, taking a day off from work and marching through downtown Olympia to the capital with thou…
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Perplexd, You are incorrect on this. If enough people are riled up and rattle the cages of their elected representatives, things can and will change. Look at the immigration reform bill that congress tried to get passed several times this pas…
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sniglet wrote: There are no innocents in the unwinding credit debacle, and I have NO sympathy for the people who stand to lose money in their 401K or pension fund. In fact, it is these very passive investors who wanted no responsibility for managi…
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I think that Explorer and Jillayne both have raised a very important point -- your credit rating. Some employers are now checking credit as part of the pre-employment screening process. It would really suck to get turned down for a great job tha…
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Uptown's got it right! If they can really afford it, and can still afford it in 3-5 years w/o having to refinance in the mean time, then I'd say let them go for it! It's a free country. Your situation reminds me of the John Carpenter movie Th…
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Something happened in the market?
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You are right--it's no big deal, but it's a headline that you're likely never to see, even if big layoffs do happen . . .
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Patience, butterfly! It's going to take months for this thing to unwind. I'm waiting now for the music to finally stop in the flip-this-crapbox game down the street to see where the prices end up--one house I am watching: Summer 2006: $995…
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I can only speak for myself, but doggoneit RCG is getting downright entertaining! Certainly better than anything on TV this summer. Pink Ponies still being reported in my neighborhood, however. I did walk back from voting last night (yes, I'm o…
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So do they sell T-bills at Walmart?
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And let's not forget about this wonderful October-like weather we've been having lately too! Prospective house-buyer: "Does it always rain like this in the summer?" Realtor: "No, it's only like this for the other nine months of the year." …
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Anybody else catch this article posted on MSN regarding countrywide: http://articles.moneycentral.msn.com/Ba ... spx?page=1 My favorite part is the last paragraph: This all sounds alarming. Should I be alarmed? Don't be fearful. Be watch…
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OK, let me see if I understand the situation: Personal piggy bank: Empty Housing ATM: Closed Bank ATM: First-come, first-served? Must . . . not . . . panic . . . must . . . drive . . . to . . . bank . . . right . . . now . . . (tire…
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I noticed this in the Sunday paper yesterday--The Secret, #1 on NY Times bestseller list in the 'advice' category (and I think it's been there awhile). Meanwhile, the book entitled Work Hard, Save More, Spend Less has reportedly not sold enough c…
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It's a short spot (30 seconds tops, maybe only 20) and I've seen it run in the 6:30-8pm range on either 5, or 7 (going from memory). My wife has also seen the ad but I'm not sure when--most likely during the local evening news period (5-7pm).