Comments on: Smart real estate investments http://www.thevicenarian.com/2008/04/23/smart-real-estate-investments/ Wed, 20 Aug 2008 08:19:29 +0000 http://wordpress.org/?v=2.3.2 By: thevicenarian.com » Meta Post : 5 great comments http://www.thevicenarian.com/2008/04/23/smart-real-estate-investments/#comment-203 thevicenarian.com » Meta Post : 5 great comments Sat, 17 May 2008 07:06:16 +0000 http://www.thevicenarian.com/2008/04/23/smart-real-estate-investments/#comment-203 [...] On the subject of real estate, and the falling suburb house prices, jrandom42 added this:   ”Notice it said MOST. Not [...] […] On the subject of real estate, and the falling suburb house prices, jrandom42 added this:   ”Notice it said MOST. Not […]

]]> By: jrandom42 http://www.thevicenarian.com/2008/04/23/smart-real-estate-investments/#comment-180 jrandom42 Tue, 29 Apr 2008 21:34:33 +0000 http://www.thevicenarian.com/2008/04/23/smart-real-estate-investments/#comment-180 Okay, prices just dropped a whole 1.3% from this time last year as opposed to 13.3% nationwide. It's spreading, but at this rate, the depression will be long over before the Puget Sound area comes into line with the rest of the nation. Seattle has two big drivers of the local economy. Technology and aerospace. Boeing and the myriad of small companies that feed them are going to be manufacturing their buns off for years, even if half the 787 orders manage to get cancelled. Microsoft, Amazon, Nintendo America, CostCo and all the tributaries and the spinoffs will keep chugging along, churning out technology. The result is a pretty strong local economy, when the rest of the nation is tanking. I don't see these trends reversing anytime soon, so there will still be lots of people making good money, and paying a premium for housing in the foreseeable future. So where's my money? :) Okay, prices just dropped a whole 1.3% from this time last year as opposed to 13.3% nationwide. It’s spreading, but at this rate, the depression will be long over before the Puget Sound area comes into line with the rest of the nation.

Seattle has two big drivers of the local economy. Technology and aerospace. Boeing and the myriad of small companies that feed them are going to be manufacturing their buns off for years, even if half the 787 orders manage to get cancelled. Microsoft, Amazon, Nintendo America, CostCo and all the tributaries and the spinoffs will keep chugging along, churning out technology. The result is a pretty strong local economy, when the rest of the nation is tanking. I don’t see these trends reversing anytime soon, so there will still be lots of people making good money, and paying a premium for housing in the foreseeable future.

So where’s my money? :)

]]> By: Tad Johnson http://www.thevicenarian.com/2008/04/23/smart-real-estate-investments/#comment-172 Tad Johnson Thu, 24 Apr 2008 23:32:22 +0000 http://www.thevicenarian.com/2008/04/23/smart-real-estate-investments/#comment-172 Give it time. This trend will spread. Or your money back. Give it time. This trend will spread. Or your money back.

]]> By: jrandom42 http://www.thevicenarian.com/2008/04/23/smart-real-estate-investments/#comment-171 jrandom42 Thu, 24 Apr 2008 21:54:47 +0000 http://www.thevicenarian.com/2008/04/23/smart-real-estate-investments/#comment-171 Notice it said MOST. Not happening in the Puget Sound area. Prices are still sky high. There are radio commercials for places in the "mid 700s" as if those were really bargains. Even an hour and a half away from Seattle, prices are still in the mid-300s. Notice it said MOST. Not happening in the Puget Sound area. Prices are still sky high. There are radio commercials for places in the “mid 700s” as if those were really bargains. Even an hour and a half away from Seattle, prices are still in the mid-300s.

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