<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:georss="http://www.georss.org/georss" xmlns:gml="http://www.opengis.net/gml"
	>
<channel>
	<title>Comments on: Is Seattle Bubble Proof?</title>
	<atom:link href="http://raincityguide.com/2006/11/02/is-seattle-bubble-proof/feed/" rel="self" type="application/rss+xml" />
	<link>http://raincityguide.com/2006/11/02/is-seattle-bubble-proof/</link>
	<description>Seattle&#039;s Leading Resource for Real Estate Information</description>
	<lastBuildDate>Sun, 08 Nov 2009 01:47:42 -0800</lastBuildDate>
	<generator>http://wordpress.org/?v=2.8.4</generator>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
		<item>
		<title>By: ARDELL</title>
		<link>http://raincityguide.com/2006/11/02/is-seattle-bubble-proof/#comment-338091</link>
		<dc:creator>ARDELL</dc:creator>
		<pubDate>Thu, 26 Mar 2009 02:36:49 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/2006/11/02/is-seattle-bubble-proof/#comment-338091</guid>
		<description>Hi Goldeneye,

Welcome back!

I agree, but not because of a townhome sale. There were always townhomes (condos) available for $300,000 or less.  My statement says &quot;single family homes&quot;.

There&#039;s a whole slew of attached new construction on Redmond Ridge that were built with prices under $300,000 by Quadrant (and sold) since I wrote this post.  I wish they would build more of those.  They sold pretty quickly.

There are also some single family homes selling.  I have one in escrow for $300,000.  I&#039;ll let you know where when it closes. It&#039;s a bank owned property. I am very happy for my clients.  I have new clients who want a $300,000 single family home close to Microsoft.

Will let you know how that goes...I&#039;m optimistic!</description>
		<content:encoded><![CDATA[<p>Hi Goldeneye,</p>
<p>Welcome back!</p>
<p>I agree, but not because of a townhome sale. There were always townhomes (condos) available for $300,000 or less.  My statement says &#8220;single family homes&#8221;.</p>
<p>There&#8217;s a whole slew of attached new construction on Redmond Ridge that were built with prices under $300,000 by Quadrant (and sold) since I wrote this post.  I wish they would build more of those.  They sold pretty quickly.</p>
<p>There are also some single family homes selling.  I have one in escrow for $300,000.  I&#8217;ll let you know where when it closes. It&#8217;s a bank owned property. I am very happy for my clients.  I have new clients who want a $300,000 single family home close to Microsoft.</p>
<p>Will let you know how that goes&#8230;I&#8217;m optimistic!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Goldeneye</title>
		<link>http://raincityguide.com/2006/11/02/is-seattle-bubble-proof/#comment-338089</link>
		<dc:creator>Goldeneye</dc:creator>
		<pubDate>Thu, 26 Mar 2009 01:52:02 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/2006/11/02/is-seattle-bubble-proof/#comment-338089</guid>
		<description>Ardell, I am back. 

I saw several 1800 SQFT townhomes in Kirkland below $300K!! 

Regarding the comment you made on this blog...
&lt;I&gt;So even if we see prices dropping back, we will not soon see the day when the increase will be declared a bubble that is about to burst. In fact a modest correction is well warranted, but I do not see single family homes dropping in price back to where they were in January of 2005 for many, many…if ever…years. So yes, in the single family home market, anything decent in the lowest of price ranges should still be grabbed up. By March of 2007 the opportunity to get any bargains in the entry level single family home markets, will likely be gone for good. &lt;/I&gt;

...I think every statment above has been proved wrong.</description>
		<content:encoded><![CDATA[<p>Ardell, I am back. </p>
<p>I saw several 1800 SQFT townhomes in Kirkland below $300K!! </p>
<p>Regarding the comment you made on this blog&#8230;<br />
<i>So even if we see prices dropping back, we will not soon see the day when the increase will be declared a bubble that is about to burst. In fact a modest correction is well warranted, but I do not see single family homes dropping in price back to where they were in January of 2005 for many, many…if ever…years. So yes, in the single family home market, anything decent in the lowest of price ranges should still be grabbed up. By March of 2007 the opportunity to get any bargains in the entry level single family home markets, will likely be gone for good. </i></p>
<p>&#8230;I think every statment above has been proved wrong.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: 70Ford</title>
		<link>http://raincityguide.com/2006/11/02/is-seattle-bubble-proof/#comment-332934</link>
		<dc:creator>70Ford</dc:creator>
		<pubDate>Tue, 27 Jan 2009 07:11:34 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/2006/11/02/is-seattle-bubble-proof/#comment-332934</guid>
		<description>I wish there were more real estate agents like you, Ardell. We probably wouldn&#039;t be in this mess. /sigh

I remember when I worked for a telecom company in Atlanta. We had a young lady there that didn&#039;t really want to &quot;work.&quot; She took a course and became a real estate agent and quit to make some &quot;good money - fast.&quot;

When I bought my first home, the agent, (if you can call him that) kept telling me what I could afford and kept showing me homes outside of my price range. He was all like &quot;You can do 200K!&quot; and I&#039;m all like &quot;150 MAX!&quot;  I finally called the lady that was training him and told her that I didn&#039;t want him to show me anything else, because he never listened to me. 

This lady (A dear little Korean lady.) was a Million dollar club something or other and she knew exactly what to do. She came over (and took over) and we found a home within my budget and travel constraints. I suffered with that guy for about a month, though. She just knew things. Like what kind of PVC pipe does the house have? And remove this foam around the bottom of the home and the home inspector she arranged for (that cost me ~$250) saved me 3,000 bucks.  You can&#039;t beat an informed Realtor who actually listens to you and has good advice (and good contacts). I just wish there was an easy way to tell the neophytes (chuckleheads?) from someone who can actually add to the process. 

You sign an agreement to be exclusive with someone and then you find out they suck. I guess it&#039;s no different than surgery. You need to find a little bit out about your surgeon before you have them cut out your kidney.</description>
		<content:encoded><![CDATA[<p>I wish there were more real estate agents like you, Ardell. We probably wouldn&#8217;t be in this mess. /sigh</p>
<p>I remember when I worked for a telecom company in Atlanta. We had a young lady there that didn&#8217;t really want to &#8220;work.&#8221; She took a course and became a real estate agent and quit to make some &#8220;good money &#8211; fast.&#8221;</p>
<p>When I bought my first home, the agent, (if you can call him that) kept telling me what I could afford and kept showing me homes outside of my price range. He was all like &#8220;You can do 200K!&#8221; and I&#8217;m all like &#8220;150 MAX!&#8221;  I finally called the lady that was training him and told her that I didn&#8217;t want him to show me anything else, because he never listened to me. </p>
<p>This lady (A dear little Korean lady.) was a Million dollar club something or other and she knew exactly what to do. She came over (and took over) and we found a home within my budget and travel constraints. I suffered with that guy for about a month, though. She just knew things. Like what kind of PVC pipe does the house have? And remove this foam around the bottom of the home and the home inspector she arranged for (that cost me ~$250) saved me 3,000 bucks.  You can&#8217;t beat an informed Realtor who actually listens to you and has good advice (and good contacts). I just wish there was an easy way to tell the neophytes (chuckleheads?) from someone who can actually add to the process. </p>
<p>You sign an agreement to be exclusive with someone and then you find out they suck. I guess it&#8217;s no different than surgery. You need to find a little bit out about your surgeon before you have them cut out your kidney.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: ARDELL</title>
		<link>http://raincityguide.com/2006/11/02/is-seattle-bubble-proof/#comment-332927</link>
		<dc:creator>ARDELL</dc:creator>
		<pubDate>Mon, 26 Jan 2009 22:01:35 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/2006/11/02/is-seattle-bubble-proof/#comment-332927</guid>
		<description>Glad you liked that :)  They did not get that house and were stretching for it.  I talked them into spending $75,000 less for a different house.  YAY!</description>
		<content:encoded><![CDATA[<p>Glad you liked that <img src='http://raincityguide.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' />   They did not get that house and were stretching for it.  I talked them into spending $75,000 less for a different house.  YAY!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: 70Ford</title>
		<link>http://raincityguide.com/2006/11/02/is-seattle-bubble-proof/#comment-332910</link>
		<dc:creator>70Ford</dc:creator>
		<pubDate>Mon, 26 Jan 2009 10:49:16 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/2006/11/02/is-seattle-bubble-proof/#comment-332910</guid>
		<description># 83.... was a good one. 

Sorry guys,

I can’t tell you that prices will never be lower or never be higher. Taking the blue or red pill won’t change that.

Today I’m just hoping the market is slow enough on this rainy November day, so that the offer I am faxing is not met by a higher competing offer at the other end.

So put your voodoo hexes on the market today for me, will ya? I need the market to be less competitive for my buyer client today.

Thanks.</description>
		<content:encoded><![CDATA[<p># 83&#8230;. was a good one. </p>
<p>Sorry guys,</p>
<p>I can’t tell you that prices will never be lower or never be higher. Taking the blue or red pill won’t change that.</p>
<p>Today I’m just hoping the market is slow enough on this rainy November day, so that the offer I am faxing is not met by a higher competing offer at the other end.</p>
<p>So put your voodoo hexes on the market today for me, will ya? I need the market to be less competitive for my buyer client today.</p>
<p>Thanks.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: What Drives an Active Online Community? &#124; Seattle Real Estate ~ Rain City Guide</title>
		<link>http://raincityguide.com/2006/11/02/is-seattle-bubble-proof/#comment-322622</link>
		<dc:creator>What Drives an Active Online Community? &#124; Seattle Real Estate ~ Rain City Guide</dc:creator>
		<pubDate>Wed, 30 Jul 2008 22:28:27 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/2006/11/02/is-seattle-bubble-proof/#comment-322622</guid>
		<description>[...] Is Seattle Bubble Proof? by Ardell [...]</description>
		<content:encoded><![CDATA[<p>[...] Is Seattle Bubble Proof? by Ardell [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Kary L. Krismer</title>
		<link>http://raincityguide.com/2006/11/02/is-seattle-bubble-proof/#comment-322219</link>
		<dc:creator>Kary L. Krismer</dc:creator>
		<pubDate>Wed, 23 Jul 2008 14:52:47 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/2006/11/02/is-seattle-bubble-proof/#comment-322219</guid>
		<description>Arno, you don&#039;t judge an area&#039;s prices by looking at list prices, you compare solds.  Given the location of that building (discussed later), even the adjusted prices seem high to me (but I haven&#039;t seen the project).  

But more to the point of your link, you don&#039;t look at one building to judge an area.  I remember looking at one building in Seattle proper where when I walked through I thought &quot;what a mess.&quot;  This was about 2 years ago, when things were still very hot, and that particular building did end up having problems selling. So two years ago looking at that one building you&#039;d have concluded Seattle&#039;s condo market was bad at the time.

Also, that unit is barely in King County, and the Snohomish County condo market which it is very close to is clearly having problems.  It&#039;s also apparently rather close to the freeway.  Anyway, given location it&#039;s hardly evidence of what &quot;Seattle&quot; is doing.</description>
		<content:encoded><![CDATA[<p>Arno, you don&#8217;t judge an area&#8217;s prices by looking at list prices, you compare solds.  Given the location of that building (discussed later), even the adjusted prices seem high to me (but I haven&#8217;t seen the project).  </p>
<p>But more to the point of your link, you don&#8217;t look at one building to judge an area.  I remember looking at one building in Seattle proper where when I walked through I thought &#8220;what a mess.&#8221;  This was about 2 years ago, when things were still very hot, and that particular building did end up having problems selling. So two years ago looking at that one building you&#8217;d have concluded Seattle&#8217;s condo market was bad at the time.</p>
<p>Also, that unit is barely in King County, and the Snohomish County condo market which it is very close to is clearly having problems.  It&#8217;s also apparently rather close to the freeway.  Anyway, given location it&#8217;s hardly evidence of what &#8220;Seattle&#8221; is doing.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Arno</title>
		<link>http://raincityguide.com/2006/11/02/is-seattle-bubble-proof/#comment-322186</link>
		<dc:creator>Arno</dc:creator>
		<pubDate>Wed, 23 Jul 2008 00:43:08 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/2006/11/02/is-seattle-bubble-proof/#comment-322186</guid>
		<description>Looks like prices are now coming down quite a bit in Seattle:
http://www.geldpress.com/2008/07/seattle-condo-pain/</description>
		<content:encoded><![CDATA[<p>Looks like prices are now coming down quite a bit in Seattle:<br />
<a href="http://www.geldpress.com/2008/07/seattle-condo-pain/" rel="nofollow">http://www.geldpress.com/2008/07/seattle-condo-pain/</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Kary L. Krismer</title>
		<link>http://raincityguide.com/2006/11/02/is-seattle-bubble-proof/#comment-308220</link>
		<dc:creator>Kary L. Krismer</dc:creator>
		<pubDate>Wed, 16 Apr 2008 00:21:40 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/2006/11/02/is-seattle-bubble-proof/#comment-308220</guid>
		<description>My first exposure to the NAR stats was a presentation by my prior broker showing how inaccurate they were.  It shouldn&#039;t come as a surprise to people that I wasn&#039;t shocked. I would have been shocked (and skeptical) if they had been accurate.</description>
		<content:encoded><![CDATA[<p>My first exposure to the NAR stats was a presentation by my prior broker showing how inaccurate they were.  It shouldn&#8217;t come as a surprise to people that I wasn&#8217;t shocked. I would have been shocked (and skeptical) if they had been accurate.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: ARDELL</title>
		<link>http://raincityguide.com/2006/11/02/is-seattle-bubble-proof/#comment-308124</link>
		<dc:creator>ARDELL</dc:creator>
		<pubDate>Tue, 15 Apr 2008 20:52:35 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/2006/11/02/is-seattle-bubble-proof/#comment-308124</guid>
		<description>I don&#039;t care if you beat up on the industry, Goldeneye...just stop beating up on us.  You don&#039;t appear to be speaking to us personally, and that is disrespectful of the site.  Are you talking about me and Rhonda?  Me an agent Rhonda a lender?  Are you talking TO us or AT us?

I don&#039;t talk AT you...please don&#039;t talk AT us.  If we are having a conversation, it&#039;s hard to tell.  Looks more like you are beating a drum against someone not in this room.

We deserve better.  We do try our very best.  If you just run around the internet to make a splashy comment, do it somewhere else.  We are not who you are speaking to or about...or so it appears.  This is not a forum!  If you aren&#039;t talking TO us, then go away.</description>
		<content:encoded><![CDATA[<p>I don&#8217;t care if you beat up on the industry, Goldeneye&#8230;just stop beating up on us.  You don&#8217;t appear to be speaking to us personally, and that is disrespectful of the site.  Are you talking about me and Rhonda?  Me an agent Rhonda a lender?  Are you talking TO us or AT us?</p>
<p>I don&#8217;t talk AT you&#8230;please don&#8217;t talk AT us.  If we are having a conversation, it&#8217;s hard to tell.  Looks more like you are beating a drum against someone not in this room.</p>
<p>We deserve better.  We do try our very best.  If you just run around the internet to make a splashy comment, do it somewhere else.  We are not who you are speaking to or about&#8230;or so it appears.  This is not a forum!  If you aren&#8217;t talking TO us, then go away.</p>
]]></content:encoded>
	</item>
</channel>
</rss>
