Weekend Open Thread
This is your open thread for this weekend. Please post random links and off-topic discussions here.
Update: The Tim here. I just wanted to point out that this weekend is the anniversary of my marriage to my lovely wife, so I'll be out of town and otherwise fairly busy. I most likely won't be making another post until Monday.
10 comments:
I've been trolling through the local RE sites this weekend, seems that the condo market is still going strong. First we had the MODA, the 300 sq ft dorm rooms sold out almost instantly and now it seems that people were camping outside of the Brix in lawn chairs.
I can't believe that with the news nationwide that housing is slowing some people are still lining up to pay for these condos....
First things first... Happy Anniversary Tim!
I find it interesting that RCG is called out for never talking about the bubble and then when we do, the best that the Seattle Bubble community can do is call me a "bag of wind".
Considering The Rules, I find it shameful that the moderators leave up unprovoked insults. But then again, I guess I should just be glad that you guys are paying attention. ;)
Apartment hunt will be tougher for renters
Snipped From the Seattle Times:
Renters about to apartment-hunt for the first time in several years: Be prepared.
The apartment market is shifting from one that favored you to one that's increasingly giving landlords the upper hand.
You'll find fewer vacant apartments to choose from. You'll pay more for what you do find.
Why the big change?
Chalk it up to strong job growth that's attracting newcomers, condominium conversions taking apartments out of the rental pool faster than developers can build, and sky-high house prices that keep renters renting, said Mike Scott of the apartment-analysis firm Dupre+Scott.
Some 66,000 jobs have been added regionally this year, according to the Puget Sound Economic Forecaster, published by Conway Pedersen Economics. This is in addition to 50,000 created last year. The forecasters expect another 45,000 to be added next year.
Vacancy rates are expected to shrink further through the end of next year. And rents are expected to climb by 4 percent or more by next spring.
Dusty,
Actually, I think it is good that YOU are paying attention. ;)
Each computer was supposed to come with a copy of DOS or Windows 3.1.
During the early years of my business (88-94) upwards of 90% of my customers were not legal on their software (Novell ELS, Wordperfect 4.1, Lotus 1.0a --remember those? all pirated
You are stirring up memories. I too had a computer integration business in and around the same time. This was in addition to my steady gig at a medium-sized law firm which gave me access to a good client base via referrals. Anyway... When I started there, the firm had a single copy of Windows, and a single copy of MS Office -- for the entire firm!
Synthetik,
That definitely works for me!
Two houses on my route to work that i've been watching came off the market this week. No "sold" placcard or anyting, just *poof* sign is gone. The one down the street replaced it with a "For Rent" sign.
For the record, that rental article that peckhammer posted is a Lizzie Rhodes Special...
I wonder if Lizzie isn't looking for a new corporate teat to suckle, now that it's become impossible to write rah-rah "journalism" for the real-estate industry without losing all credibility as a "journalist"....
That link made me want to barf southside, thanks.
RE agents are one step above used car salesmen in my mind. Wow. Their rhetoric never ceases to amaze....
One step above? I put them at least a step below for the most part.
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