VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Boplicity who wrote (8050)	10/14/2000 1:38:05 PM
From: Mannie	Read Replies (2) of 65232

Seattle real estate market is not as frenzied as it was over the last two years, but I wouldn't say it has softened either. I do see the possibility for people to get upside down in their purchases though if we have a sustained downturn. I can only shake my head at the spec homes that are being gobbled up at 700-800k a piece. There are a lot of people out there with more money than brains. I have noticed msft employees are not quite as willing to enter into major remodel and garden projects as they had been for the last decade. Demand for contractors and material suppliers is still very high. Particularly those that cater to the high end market. Scott

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