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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (77406)5/12/2007 2:44:45 PM
From: Wyätt GwyönRead Replies (1) | Respond to of 306849
 
i, too, thought it was strange that Seattle and Portland were on the list. i thought they were already keeling. Austin is still hot with record sales. close-in now getting ridiculous.



To: Lizzie Tudor who wrote (77406)5/12/2007 9:16:53 PM
From: Think4YourselfRead Replies (2) | Respond to of 306849
 
I remember those markets were still hot in the first half of 06 while the rest of the market was tanking. Remember how that SLC... guy was bragging how his market was immune in the first half of 06? Then articles started coming out about SLC slowing down fast and he vanished. Since the metrics went for all of 06 those markets would have looked pretty good, relatively speaking.



To: Lizzie Tudor who wrote (77406)5/14/2007 4:24:20 AM
From: 8bitsRespond to of 306849
 
thanks, I was wondering if some Seattlites could comment on the WSJ article this weekend which claims that SEATTLE RE prices are still hot.

I am not a Seattlitte but my sister and her husband are... They sold his south suburban home last summer and have been looking in the city of Seattle since the turn of year. It seems to have the same pattern as the SF to San Jose area. In locations where the neighborhood is safe and has good amenities the prices are edging up (albeit not as fast as 2004 and 2005..) The less desirable neighborhoods and surrounding towns (places that would be the equivalent of Tracy..) seem to be dropping although not nearly as hard as the Sacramento area.