urbnlivn, a seattle condo & real estate blog

Seattle bucking the trend??

January 18th, 2007 · Comments · By Matt

I just got to San Francisco and see that everyone is blogging about today’s Seattle PI article Seattle bucks trend on slumping condos:

Seattle’s market was not to blame for a recent decision to change a planned 34-story downtown building from condominiums to apartments.

Here’s the info graphic from the article:

King County Condos Seattle bucking the trend??

I’m sorry this article is just a little too go-go-go, even for me. What about Trio? What about Domaine? What about the impending disaster at SLU? What about the slow uptick at Brix? What about all the units sitting on the market? The price reductions?

Here’s the Seattle Bubble’s take on the article, Slowing Condo Market? Not Here! Not Here! Be sure to read the comments.

And Seattlest has a post too, “We’re Unsinkable!”: Local Newspaper Downplays Nationwide Condo Slump.

Popularity: 2% [?]

Tags: Seattle PI

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  • Ken
    Is it just me, or is the market picking up a little again? at least I am seeing things going pending and sold and new listings popping up on the market again a lot more now in January...
  • Matthew
    A guy calling himself, "THE JOHN" to mimic "THE TIM" is telling me to grow up?

    Funny....

    Seattle is special, we all won't be affected like the rest of the country! They put stuff in the water out here to make people pay crazy prices for houses! Real estate always goes up! They aren't making anymore land! Microsoft is going to hire 4,000 more people!

    All been said, bring something new to the table!

    I got your warm glass waiting for you!
  • The John
    Seattlebubble is fluff...

    Renters unite! Buy now or be priced out forever... sounds like RENTER superphilosophies!

    Matthew, grow up... The great thing about this country is that you have the right to your opinion, and you have the right to be wrong!
  • Matthew
    Seattlebubble is not just "renters" there are plenty of homeowners that post daily.

    If you don't like the site, don't go there. If you have a problem with the comments, defend yourself. Otherwise I have a warm glass of shut the hell up waiting for you!
  • The John
    The Tim,

    It's true... the common theme at seattlebubble is 'buy now or be priced out forever." It's rather ridiculous, and sometimes it's hard to argue with renter's who are so stuck in their own mind warp that they don't see the full picture.

    Seattlebubble is a bunch of hot air, though I do enjoy your statistical analysis... it was very interesting to see the job growth rate comparison. Good work there...

    Seattlebubble is a great website, I just don't care for the mentalities that coexist with some of the facts... seems watered down.
  • Jo,

    It's not nice to call people names. If you disagree with posts or comments made on Seattle Bubble, why don't you take some time and write a thoughtful retort? Or maybe all you're interested in is bashing the blog in comments on sites that you believe are more friendly to your point of view.
  • jo
    The stock will be
  • jo
    There are some real morons on the seattlebubble site. All they like to do is complain. It's quite entertaining.

    Check out one of their readers take on Microsoft, this had me rolling:


    At some point Microsoft will give up on their only real strategy, "Windows Everywhere", and narrow their focus. Then they'll be the AOL of tech companies, an old senile giant. Their drift into senescence will be a classic B-school case-study by 2010.

    There will be serious aftershocks across the Puget Sound region.

    The stock will be
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