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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (538185)	12/22/2009 2:40:59 PM
From: tejek	Respond to of 1577591

Its good to hear. While things are stabilizing, it will be a while before things begin to improve. Things have been stabilizing for most of the year here in Seattle but we have yet to see any glimmer of price appreciation. My take on local conditions is that sellers have finally seen reality and are pricing their homes to the market, and they are selling. But it's a hell of a reverse sticker shock... prices have sure come down. Like 40%-45% from the peak. On paper I lost well north of $200K... but my mortgage balance is less than 20K so I can't complain when lots of people are way under water. I wish I had a $20K mortgage.....very nice. Seattle has seen prices come down 25% since the peak but the price on my home seems to be holding up. Some realtor wanted to put it on the market for the same price I paid for it which surprised me. However, that doesn't mean it would have sold for that price. So who knows.