Seattle P-I article: Hard work, hard times: A home -- and a dream -- lost
This family bought a Ballard home for three times their income in 2001. They weren't over their heads when they bought, and the County median house price quoted was $355,000.
I typoed on the median house price, so deleted my first comment. I know how important correct statistics are here.
So sorry to hear your woes, wanderer. It is funny though. I was talking with my duaghter this afternoon who live in FL. and she said the local news is really tring toput a positive spin on the housing glut. She said that the news caster said that there are so many homes on the market right now, the market really outta be HOT, HOT, HOT in 2007. they must think that since buyers will have so many choices, they will go on a buying frenzy.
What a heart-breaking article. I really feel for that family because they didn't do anything wrong. I know people that are part of the growing "working poor" class in this country, and it's a really hard way to live.
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ReplyDeleteFlashback from 2005:
ReplyDeleteSeattle P-I article: Hard work, hard times: A home -- and a dream -- lost
This family bought a Ballard home for three times their income in 2001. They weren't over their heads when they bought, and the County median house price quoted was $355,000.
I typoed on the median house price, so deleted my first comment. I know how important correct statistics are here.
Hard work, hard times: A Home -- and a dream -- lost
ReplyDeleteWow... what an article. That's incredibly sad.
ReplyDeleteSo sorry to hear your woes, wanderer. It is funny though.
ReplyDeleteI was talking with my duaghter this afternoon who live in FL. and she said the local news is really tring toput a positive spin on the housing glut. She said that the news caster said that there are so many homes on the market right now, the market really outta be HOT, HOT, HOT in 2007. they must think that since buyers will have so many choices, they will go on a buying frenzy.
What a heart-breaking article. I really feel for that family because they didn't do anything wrong. I know people that are part of the growing "working poor" class in this country, and it's a really hard way to live.
ReplyDeleteHow did that ever get past Elizabeth Rhodes?