The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Vosilla who wrote (288566)	11/4/2010 5:24:30 PM
From: tejek	Read Replies (1) of 306849

This is what some developers are having to do to survive in certain sub markets of the Seattle metro area. Downtown Bellevue is overbuilt with condos so they are converting to apts. However, downtown Seattle continues to sell its condos albeit very slowly. Second tower at Bravern converting to apartments seattletimes.nwsource.com Another interesting factoid I learned about this market last week. Foreclosures are much worse in the suburbs than they are in the city of Seattle. I have suspected for some time that Seattle is becoming like SFO......the city is stronger than its suburbs and housing prices tend to be higher.....an unusual characteristic in this country.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next