Good article, and it's promising to see some concrete examples of falling prices. I don't really think of Renton or West Seattle as being far from urban job centers though. Neither is Redmond or Downtown, but we aren't talking about Enumclaw either.
The only part I have a difficulty believing is that prices will stabilize suddenly after a huge plummet like that. If we've seen anything from the current trends, it's that there's a momentum to price changes.
Seattle Bubble Forum Archive
Archived forums. Find the live forum at SeattleBubble.com/blog/forum/
NOTE - This page is a static archive. Visit the current Seattle Bubble forums at SeattleBubble.com/blog/forum/
Steve Tytler: home prices to drop about 10-20% in next year
Moderators: synthetik, The Tim, Lake Hills Renter
4 posts
• Page 1 of 1
Steve Tytler: home prices to drop about 10-20% in next year
by deejayoh » Sun Dec 16, 2007 12:58 pm
- deejayoh
- Bubble Banter Boss
- Posts: 1166
- Joined: Mon Feb 26, 2007 12:14 pm
- Location: Capitol Hill
by rose-colored-coolaid » Mon Dec 17, 2007 10:22 am
- rose-colored-coolaid
- Bubble Banter Boss
- Posts: 1978
- Joined: Mon Jun 18, 2007 10:26 am
by Nell Plotts » Mon Dec 17, 2007 10:50 am
What made me gag was the discussion about pulling cash out of your house!!! That is exactly what got many home 'owners' in trouble financially. A home is not an ATM machine. If something happens and they need to sell they will be in grief.
Don't do it!
Don't do it!
- Nell Plotts
- Bubble Blatherer
- Posts: 60
- Joined: Tue May 08, 2007 8:29 pm
4 posts
• Page 1 of 1
Who is online
Users browsing this forum: No registered users and 68 guests