Comments on: Seattle Real Estate – 2008 http://raincityguide.com/2008/04/17/seattle-real-estate-2008/ Seattle's Leading Resource for Real Estate Information Tue, 16 Mar 2010 19:56:54 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: Sunday Night Stats on Monday Morning | Seattle Real Estate ~ Rain City Guide http://raincityguide.com/2008/04/17/seattle-real-estate-2008/#comment-326231 Sunday Night Stats on Monday Morning | Seattle Real Estate ~ Rain City Guide Mon, 06 Oct 2008 19:22:00 +0000 http://raincityguide.com/2008/04/17/seattle-real-estate-2008/#comment-326231 [...] back to my Prediction post “My price predictions are: $429,000 for the 2nd quarter of 2008 $400,000 for the 4th quarter [...] [...] back to my Prediction post “My price predictions are: $429,000 for the 2nd quarter of 2008 $400,000 for the 4th quarter [...]

]]> By: Kary L. Krismer http://raincityguide.com/2008/04/17/seattle-real-estate-2008/#comment-323489 Kary L. Krismer Fri, 15 Aug 2008 02:00:47 +0000 http://raincityguide.com/2008/04/17/seattle-real-estate-2008/#comment-323489 George, we don't even know what state you're in. It varies by state, but it's unlikely you'd want to go judicially. I agree with Ardell that you need an attorney. If you're local (King/Snohomish), email me and I can refer you someone. Or perhaps Craig does that sort of work (foreclosure). Time is not your friend because interest is possibly accruing on the first. George, we don’t even know what state you’re in. It varies by state, but it’s unlikely you’d want to go judicially.

I agree with Ardell that you need an attorney. If you’re local (King/Snohomish), email me and I can refer you someone. Or perhaps Craig does that sort of work (foreclosure).

Time is not your friend because interest is possibly accruing on the first.

]]> By: ARDELL http://raincityguide.com/2008/04/17/seattle-real-estate-2008/#comment-323488 ARDELL Fri, 15 Aug 2008 01:00:56 +0000 http://raincityguide.com/2008/04/17/seattle-real-estate-2008/#comment-323488 George, It looks like you have enough at stake there to get legal assistance. Not a good idea to rely on blog comments to pursue what you are doing there. Get thee an attorney. George,

It looks like you have enough at stake there to get legal assistance. Not a good idea to rely on blog comments to pursue what you are doing there. Get thee an attorney.

]]> By: George http://raincityguide.com/2008/04/17/seattle-real-estate-2008/#comment-323484 George Thu, 14 Aug 2008 23:32:54 +0000 http://raincityguide.com/2008/04/17/seattle-real-estate-2008/#comment-323484 Hope this thread isn't dead. Leanne (comment 82), was there a particular reason why you said to foreclose judicially? I'm in pretty much exactly that situation; in second position and in default on a house that has lots of equity. I want to foreclose, but I can't seem to get a straight answer as to what happens to the note in first. Will a judge make sure that the minimum bid is enough to pay everyone off? If I go the non-judicial route, how exactly does that play out? Keep in mind that the total amount owed is approximately 60% of market value. The buyers are just being idiots. Hope this thread isn’t dead. Leanne (comment 82), was there a particular reason why you said to foreclose judicially? I’m in pretty much exactly that situation; in second position and in default on a house that has lots of equity. I want to foreclose, but I can’t seem to get a straight answer as to what happens to the note in first. Will a judge make sure that the minimum bid is enough to pay everyone off?

If I go the non-judicial route, how exactly does that play out? Keep in mind that the total amount owed is approximately 60% of market value. The buyers are just being idiots.

]]> By: Sunday Night Stats - Volume is Stabilizing | Seattle Real Estate ~ Rain City Guide http://raincityguide.com/2008/04/17/seattle-real-estate-2008/#comment-321585 Sunday Night Stats - Volume is Stabilizing | Seattle Real Estate ~ Rain City Guide Mon, 14 Jul 2008 07:24:27 +0000 http://raincityguide.com/2008/04/17/seattle-real-estate-2008/#comment-321585 [...] at the end of last year showing the relationship of volume month to month back in 2005.  Then add my predictions as to volume back in mid April of this [...] [...] at the end of last year showing the relationship of volume month to month back in 2005.  Then add my predictions as to volume back in mid April of this [...]

]]> By: Kary L. Krismer http://raincityguide.com/2008/04/17/seattle-real-estate-2008/#comment-321184 Kary L. Krismer Wed, 09 Jul 2008 21:41:55 +0000 http://raincityguide.com/2008/04/17/seattle-real-estate-2008/#comment-321184 Sorry, I missed the repeat of the question. Over in P-I land we will discuss some of the same topics as here, e.g. statistics. But we also discuss things that are really of more concern to only agents. For example, even though our volume is less than here, you'll find a lot more discussion of Form 17 and the distressed property law in PI land. Craig's recent piece on Form 17 as an Addendum would be something that would fit better over there, IMHO. Although it does vary. Right now the topics are perhaps just as much of interest to consumers. Sorry, I missed the repeat of the question.

Over in P-I land we will discuss some of the same topics as here, e.g. statistics. But we also discuss things that are really of more concern to only agents. For example, even though our volume is less than here, you’ll find a lot more discussion of Form 17 and the distressed property law in PI land. Craig’s recent piece on Form 17 as an Addendum would be something that would fit better over there, IMHO.

Although it does vary. Right now the topics are perhaps just as much of interest to consumers.

]]> By: ARDELL http://raincityguide.com/2008/04/17/seattle-real-estate-2008/#comment-321144 ARDELL Tue, 08 Jul 2008 23:34:17 +0000 http://raincityguide.com/2008/04/17/seattle-real-estate-2008/#comment-321144 I was out all day. Did I miss Kary's answer to this? "Kary said: “This is a consumer site (unlike the PI)…” The PI is not a consumer site? How so?" RCG and the PI are both blogs. What makes ours " a consumer site" and the PI not, from Kary's perspective? I was out all day. Did I miss Kary’s answer to this?

“Kary said: “This is a consumer site (unlike the PI)…”

The PI is not a consumer site? How so?”

RCG and the PI are both blogs. What makes ours ” a consumer site” and the PI not, from Kary’s perspective?

]]> By: biliruben http://raincityguide.com/2008/04/17/seattle-real-estate-2008/#comment-321139 biliruben Tue, 08 Jul 2008 22:24:36 +0000 http://raincityguide.com/2008/04/17/seattle-real-estate-2008/#comment-321139 Huh. I didn't read Lizzy's latest, but the last 100 of hers I did read, she was consistently choosing whatever numbers were the most Realtor-friendly (I won't say positive, because positive is more affordable, not less, in my book). I agree with you, however. No biggie either way. Just another datapoint in a long, slow slide back to the rational. That's why I can't fathom why Mack bothered, other than maybe to bait. Huh. I didn’t read Lizzy’s latest, but the last 100 of hers I did read, she was consistently choosing whatever numbers were the most Realtor-friendly (I won’t say positive, because positive is more affordable, not less, in my book).

I agree with you, however. No biggie either way. Just another datapoint in a long, slow slide back to the rational. That’s why I can’t fathom why Mack bothered, other than maybe to bait.

]]> By: Kary L. Krismer http://raincityguide.com/2008/04/17/seattle-real-estate-2008/#comment-321136 Kary L. Krismer Tue, 08 Jul 2008 21:57:30 +0000 http://raincityguide.com/2008/04/17/seattle-real-estate-2008/#comment-321136 Well at least Mack is consistent with his little area and property types. Elizabeth Rhodes, in contrast, just picks and chooses whatever numbers happen to be negative. But hey, the May numbers shouldn't have caused anyone to jump of a bridge, and the June numbers shouldn't cause anyone to get too excited. One month does not a trend make. Well at least Mack is consistent with his little area and property types. Elizabeth Rhodes, in contrast, just picks and chooses whatever numbers happen to be negative.

But hey, the May numbers shouldn’t have caused anyone to jump of a bridge, and the June numbers shouldn’t cause anyone to get too excited. One month does not a trend make.

]]> By: biliruben http://raincityguide.com/2008/04/17/seattle-real-estate-2008/#comment-321127 biliruben Tue, 08 Jul 2008 20:00:50 +0000 http://raincityguide.com/2008/04/17/seattle-real-estate-2008/#comment-321127 Not lately, of course I haven't posted over there lately. Take a look at the top post right now, however. Mack with a post cherry-picking his favorite "market segment" and an interestingly chosen time-frame which has little value except to drop bait, trolling for someone fool enough to refute, then "pounce goes the Realtors!" Neither entertaining nor informative. Just stupid. Why bother. Not lately, of course I haven’t posted over there lately.

Take a look at the top post right now, however. Mack with a post cherry-picking his favorite “market segment” and an interestingly chosen time-frame which has little value except to drop bait, trolling for someone fool enough to refute, then “pounce goes the Realtors!”

Neither entertaining nor informative. Just stupid. Why bother.

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