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 Puget Sound housing market predictions? 
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With the growth Seattle is seeing, the cost of living in Ca driving people out, the tech industry clumpimg in tech hubs, and the city-state becoming more prominent, I don't see how their could be a readjustment any time soon. If something happened to one of the big employers, the businesses decide to cut costs and move to other states, or the population decides to re-suburbanize because cities are too crowded, then I could see a crash coming to the area.


Wed Mar 29, 2017 10:06 am
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DSynger wrote:
With the growth Seattle is seeing, the cost of living in Ca driving people out, the tech industry clumpimg in tech hubs, and the city-state becoming more prominent, I don't see how their could be a readjustment any time soon. If something happened to one of the big employers, the businesses decide to cut costs and move to other states, or the population decides to re-suburbanize because cities are too crowded, then I could see a crash coming to the area.


The jobs move is already underway and will likely expand. They're using Trump as their public excuse.
https://www.google.com/amp/www.geekwire ... anada/amp/

The real reason will likely be new taxes and regulations from Olympia or via initiative.

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“I want to make something clear, I’m going to guarantee you this is not the last you’ve seen of him (Beto),” Biden said Monday evening during a campaign rally in Dallas. “You’re (Beto) going to take care of the gun problem with me. You’re (Beto) going to be the one who leads this effort.”

https://www.newsweek.com/beto-orourke-g ... ns-1465738
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[Beto O'Rourke Suggests Police Would 'Visit' Homes To Implement Proposed Assault Weapons Ban] "In that case, I think that there would be a visit by law enforcement to recover that firearm... ..."If someone does not turn in an AR-15 or an AK-47, one of these weapons of war...then that weapon will be taken from them"


Wed Mar 29, 2017 10:55 am
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What I do know is that I got raped on my property taxes this year. They went up almost $800, and now I'm paying just under $4500 a year.

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Wed Mar 29, 2017 11:22 am
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I am moving soon, and everyone in the industry has advised me to sell vs. rent. Everyone agrees we're at a mini-top right now.

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Wed Mar 29, 2017 11:37 am
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Yup. See the areas on the map were people are leaving? Chicago, LA, Detroit. All crime havens.

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Wed Mar 29, 2017 11:39 am
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Our property has seen a ~120 percent increase in the last 15 years. We're giving it one more year and we're the **** out of this shit state.
Going full time in our motor home and using our Idaho property as a home base in the summer.


Wed Mar 29, 2017 1:12 pm
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I'm thinking of moving to N Charleston, SC after my oldest graduates HS this year.
Houses are cheap, and the jobs pay well (Boeing is always hiring).
My sister and her husband just had a new 2 story house built to their specs in a nice development for about $240K.

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Wed Mar 29, 2017 1:34 pm
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You know the housing market is high when you can buy land and build a home much cheaper than you can buy a home on the market. We are looking into building a new home on some land which will save us $150-$200k for similar size home and acreage. I believe this is why you're seeing builders popping up new homes everywhere and making a killing as the raw land is fairly stable.


Wed Mar 29, 2017 3:15 pm
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We bought our place in 2010 for $330K (short sale). 3100sq/ft and 5.5acres. Recently appraised at $600K. We'll ride it out for a few more years and wait for the next bubble before we would consider selling.

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Wed Mar 29, 2017 3:35 pm
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YeeHaw wrote:
You know the housing market is high when you can buy land and build a home much cheaper than you can buy a home on the market. We are looking into building a new home on some land which will save us $150-$200k for similar size home and acreage. I believe this is why you're seeing builders popping up new homes everywhere and making a killing as the raw land is fairly stable.


Not up here. Land with water goes for a premium. I juet went through tbis whole ordeal. Indians own almost aml rights to any new well, and none are allowed. Pretty tough, or very expensive to build on land right now.

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Wed Mar 29, 2017 3:39 pm
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New 3500 square foot houses on 5000 square foot lots are selling one block over for me stating in the mid 400's. Fuck that.

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Wed Mar 29, 2017 3:45 pm
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It's crazy! I bought my house in Everett in 2011 for 208k$ and I am selling for 357k$ after only painting it and putting in a new front door. We have a rental already lined up for 2 years while a buddy teaches over seas. Now it's a matter of buying and building or waiting and just buying. For me it just timed up this way but I am constantly looking for homes and land to see what is even worth it.



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Wed Mar 29, 2017 4:02 pm
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Benja455 wrote:
TechnoWeenie wrote:
I have a couple areas in Texas already scoped out, if that gives you an idea of what I think about this area's future... :-p


Meh, this area will be fine in the short term and the long term. Texas is better than other options but having lived in the desert before (AZ), I wouldn't do it again...well, except perhaps Flagstaff/Prescott.

I was talking to a guy the other day who is retired and has a winter home in Sun City and a summer home in Prescott Valley. He has piqued my interest in the area.

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Wed Mar 29, 2017 5:03 pm
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L_O_G wrote:
New 3500 square foot houses on 5000 square foot lots are selling one block over for me stating in the mid 400's. Fuck that.

600-750 down the street from me.

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Wed Mar 29, 2017 6:08 pm
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BadKarma wrote:
L_O_G wrote:
New 3500 square foot houses on 5000 square foot lots are selling one block over for me stating in the mid 400's. Fuck that.

600-750 down the street from me.



Its bat shit crazy. There was a 4 house mini development built by my daughters school in Des Moines that each sold for $680k+. The houses were beautiful, but again built on lots barely bigger than the house.

Couldn't do it

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Wed Mar 29, 2017 6:49 pm
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