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Real Estate Market, Seattle: The Facts

Lately, it seems that the topic of Real Estate surfaces into every conversation that I’ve had with family and friends. So why not write about it. Sure its been talked about to death, everyone has their opinions. But at the same time, we are all still questioning if we should use that 8k tax credit and buy before November, or keep renting because the market will further decline. Where is the true bottom?  I don’t know about you, but i like to make informed decisions by considering all points of view before I take my stance.  And at the same time, forming my opinions on facts…not feelings about what i think is going to happen.  So here are some articles that i’ve come across that have been helpful and/or interesting.  A few of these have  made the decision of even considering to  buy after my Belltown condo lease is up next month,  a more black and white decision. 

 

  • “Some analysts expect a resurgence in foreclosed homes on the market later this year, as lenders pursue legal actions that had been delayed by moratoriums in various states that sought to keep more people in their houses.” 

http://online.wsj.com/article/SB1000142405297020367470457433

  • “Like many first-time buyers who want to take advantage of the $8,000 tax credit before it expires on November 30, Brendt Montgomery was in a rush to buy a home. And what better than a seemingly bargain-priced distressed property?” 

http://online.wsj.com/article/SB124904648918696861.html


 

I’d love to open this post up for discussion. Post a response be low: let us know what you think about the Real Estate Market and/or post a link to an article that would be a good addition for folks like me, wanting to be informed decision makers.