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


To: tejek who wrote (283449)10/14/2010 2:40:39 PM
From: John VosillaRead Replies (2) | Respond to of 306849
 
Seattle one of my favorite places. Maybe in another life I'd be there instead..lol

I guess slow growth, a solid real economy and being land constrained surrounded by such natural beauty has it's perks. Some decent prices on condos not too far out of the city seem appealing and I would guess a converter's buying at decent price points $50k per unit under current market for individual updated units would do well and be safe. Not too much single family 3/2 with garage close in under $200k at a reasonable price shows how you have few if any real bad hoods there..

In FL and most every fast growing market it won't be feasible for a very long time thus housing starts nationally or any conversions should remain anemic for much of the decade