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katolb90 Oct 15th, 2007 08:27 AM

What a shame, but perhaps finding a position with my current agency will be easier in the Tacoma/Olympia area anyway. Its too bad how everything is so over-priced. It'll be interesting to see it all turns out.

Gardyloo Oct 15th, 2007 09:04 AM

If your agency is housed in one of the (2) federal buildings in downtown Seattle, then you could look at Bainbridge Island as a possibility. Lower cost than Seattle, and the federal buildings are very short walks from the ferry terminal where the Bainbridge boats dock. Huge commuter run, second most scenic commute in the USA (after the Staten Island ferry IMO.)

Downtown Tacoma has had quite a renaissance in recent years, and the sorts of tree-zy neighborhoods you're talking about are plentiful in Tacoma (look at the Proctor and Ruston neighborhoods.) Olympia has a small-town feel to it, with a reasonably vibrant downtown due to all the reasonably well-paid State bureaucrats (state capital) who live around.

enzian Oct 15th, 2007 09:17 AM

I believe that until recently you could find a small single-family home in that price range in Kitsap County (a ferry ride away from Seattle) or parts of South King County (Maple Valley, Black Diamond, out toward Enumclaw). However, with recent increases in housing costs here, those may not exist any more. But it is worth asking an agent.

Depending on your federal agency, you may find work available in outlying areas such as Bremerton (which to the astonishment of locals was picked as "most liveable city in the US" by some magazine a few years ago. My former secretary lives there and has a nice little (800 sq.ft.) home with a decent-sized yard. And there may be other communities with similar offerings, if you are willing to look at older homes rather than brand new.

Bobmrg Oct 15th, 2007 09:18 AM

Full disclosure: According to www.weatherbase.com, January is statistically the wettest, most cloudy month in Seattle. Bright side: No matter what you encounter during a January visit, the rest of the year will be better (statistically). I have seen three solid weeks of blue sky in January.

Orcas Oct 15th, 2007 10:17 AM

Was that in Mexico, Bob? :-d

suze Oct 15th, 2007 11:09 AM

I think you could still find a house in that price range out in Enumclaw. But that's not exactly where I'd send a middle-aged single female. Kind of out in the boonies as far as cultivating a social life in a new place.

As a side note, I don't consider the real estate in Seattle "over priced". If it wasn't worth it, people would not purchase it, and things would go down. It's high because people are willing to pay more to live in Seattle.


Orcas Oct 15th, 2007 08:04 PM

That's a rather circular argument, don't you think, Sue. There are plenty of people who arrive here for job interviews, take a look at the prices and turn around and go home. I can't give you statistics, but I know of two such people. One was offered a good job at Amazon. He and his wife visited and looked at housing a few times and decided they could not afford it and chose not to move here.

What is overpriced? To me, it's when my children aren't going to be able to afford to live here without our help. And that is reality, at least until they make their first million... :-)

suze Oct 16th, 2007 07:05 AM

I'm judging by things like a building of expensive condos being 100% sold out *before* the construction is even complete...

But I guess things can be considered "overpriced" even if people are buying them
:-)

Bobmrg Oct 16th, 2007 12:52 PM

I've lived in the Seattle area for almost 48 years, Orcas. The law of averages does work.

Orcas Oct 16th, 2007 03:48 PM

Bob, So are you saying prices are coming down?

katolb90 Oct 18th, 2007 04:51 PM

Well to be a little controversial, its not just Seattle being overpriced. Its happening all over America. I personally believe one reason for it is greed by the banks and sellers. I also think some neighborhoods stay overpriced to keep 'perceived' undesirable people out of them. I'm not speaking of Seattle, but making a more general statement.

And by the way I'd be fine with an older home. I think they hold up better anyway.


Orcas Oct 18th, 2007 09:00 PM

katolb90,

I think there are other reasons why the cost of housing is so high in Seattle. Like San Francisco, there are major bodies of water around the city. The entire west side is Puget Sound, and Lake Washington straddles the east side. Access to the city is limited to only a few major highways and a couple of bridges. At rush hour, the highways are very congested. A lot of the housing towards the center commands a premium.

Plus, being on the west coast, we have people moving here from California, where prices have been quite high for some time, so these new residents have a lot to spend on housing. And, you had the high tech boom that affected real estate for several years.

I don't think its so much seller's greed that you mention. Sure the sellers take what they can get, but there have been bidding wars for desirable houses in Seattle for years with buyers willing to pay more than the asking price.

I don't think anyone keeps prices up to keep "undesirables" out. I honestly don't know who would be considered "undersirable." Everyone's dollars are just as green and you need plenty of them to get into even the most basic home in Seattle.


suze Oct 19th, 2007 07:13 AM

Seattle is not that kind of place imo, at least within the city proper. Most neighborhoods HAVE all kinds of people. The only potential 'undesirables' would be those who can't keep up the mortgage perhaps.

The condo below me sold last year for $4000 above asking price, in just a couple days. I don't think that shows owners greed. Doesn't matter how much a seller would want to ask, unless someone's willing to pay it, doesn't matter. I truly don't see how greed on the part of individual home sellers drives the real estate market in a city. Would you put your home on the market for less than it is worth?


katolb90 Oct 19th, 2007 12:15 PM

I was referring to the communities all over the country in general, not particularly Seattle. Has there been a slow down in the housing market there? Many parts of the country are in an upside down market. I'm not a homeowner right now, but I have been in the past.

suze Oct 19th, 2007 12:30 PM

<Has there been a slow down in the housing market there?>

Nope, there has not, nor is it predicted anytime in the near future.

Bobmrg Oct 19th, 2007 03:32 PM

Orcas, for heavens sake!!! I posted that I had seen three weeks of sunshine in January, and someone asked if that was in Mexico. My reply TO THAT POST was that I have lived here long enough for the law of averages to deliver three weeks of sunshine. How did that get transmogrified into housing prices???

dmlove Oct 19th, 2007 04:36 PM

bob, I knew what you were referring to, but it was the location of your second post (after several discussing housing prices) that made it confusing.

dmlove Oct 19th, 2007 04:38 PM

I'm just wondering katolb90, when I go to sell my house in the San Francisco suburbs, would you expect me to take less than people are offering, as in, "I'll pay you $2.0 million for your house", "Oh no, don't do that, I'll give it to you for $1.5 million" :)

dmlove Oct 19th, 2007 04:39 PM

I think I'll try that economic theory at Macy's next time I want a pair of shoes I think is overpriced :)

Orcas1 Oct 20th, 2007 01:55 PM

Bobmrg, that is pretty funny. It was the location under all the talk of housing prices and I was struggling to figure out what the heck you were talking about. It would be nice if housing prices did come down, though. As for the weather, where's the sunshine, is what I want to know.

I'm not Orcas1 for lack of a password. Maybe I'll have mine back soon.


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