Tuesday Open Thread
This is your open thread for today. Please post random links and off-topic discussions here.
Off-topic comment? Interesting link?
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6 comments:
On NPR this morning: http://www.npr.org/templates/story/story.php?storyId=6059920
Must be getting busy in the forclosure industry...
http://seattle.craigslist.org/see/bus/206233916.html
Check out these excellent song lyrics to "The Upside-Down Blues" that somebody posted here (scroll down to the third comment).
ROFL!
Can anyone recommend an honest reasltor in Spokane? I know I should wait 6 months or so to buy but I am tired of my rental. So far the realtors I have met(The big names in town) are in denial
Re. those hedge fund guys:
I'm not sure if this was one of the hedge fund operators but he was some bigwig being interviewed on CNBC today and he had something to do with RE related stocks (not homebuilders).
He is banking on a 50% drop in home prices on the coasts. Fifty percent!
But I'm thinking, Seattle is not technically on the coast, we're on the Sound, so maybe our homes will just stay flat here while every other coastal place in the US drops 50%, even though we've got more toxic loans than most other places. heh..heh...
Ken Heebner, the REIT fund manager was the one who said he expected prices to drop 50% on the coasts on CNBC today.
And yeah, I think he considers Seattle to be "on the coast".
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