So its official that there is slowdown in real estate prices. When will you guys start to buy given that you dont know when the price hits rock bottom?
Dumbest poll ever. Selection is obvious
Timing a market is a fools errand. Buy a house if you need a house.
This question is relevant if you already own the house you live in and are buying as an investor though.
Still dumb to time the market.
It’s always good to buy in the right location, like 98033.
What is so special about 98033
Especially close to lake Washington, it's one of the loveliest areas in the region. If you have enough money, you can have a big house AND walk to amenities.
Yes. I will only buy when I can comfortably afford 98103, 98109, 98112, or 98107. I won't exactly time the market. I'll wait for one of those 4 zip codes to reach reasonable prices. 98033 is expensive now. But if Kirkland keep having that 80s suburb mentality, it won't appreciate in the next 20 yrs. I don't know if Google will leave 98033, but they're only expanding in 98103 and 98109.
What makes a price reasonable?
Start a family and I bet you’ll move to that suburb with “80s mentality”.
98033 is nice
98052, period.
Except for downtown Redmond, 98052 sucks. And it cost more than it's worth due to the fucked up way we handle school districts. Since school is best in county, foreigners with kids bid up as much as they can.
98034 is the place to be since prices are reasonable and affordable
Some affordable options still appear in 98033 North Rose Hill. Just need to wait and track the area between Google and Oculus and you’ll be lucky to buy something there <900k.
When the president changes.
Lot of new inventory in the last 6 weeks. Just sold 2 props in June. Bet we see prices drop 15% by winter 2019. Thanks DJT. No I mean really, for the first time thanks.
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Prices falling 3.6% since April is more than a slowdown, which would imply price increase but at slower pace.