Comments on: March 2009 Condo Update http://seattlecondosandlofts.com/2009/04/march-2009-condo-update Fri, 19 Mar 2010 00:09:45 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Richard Stabile Bergen County Real Estate http://seattlecondosandlofts.com/2009/04/march-2009-condo-update/comment-page-1#comment-78530 Richard Stabile Bergen County Real Estate Thu, 23 Apr 2009 03:18:24 +0000 http://seattlecondosandlofts.com/?p=2932#comment-78530 Seattle market seems to be trying to hold. The big speculative markets like Southern California, Florida, Nevada, Arizona and the like are on fire with volume. Their pricing however is as much as 60% off the top. The market like yours Seattle, are not having high volume because they didn't contract as much, nor did they go up as much in the boom time. I think that the less speculative markets are making a slow rolling bottom and will kick in stronger soon. April, in our market has seen some sales picking up. Bergen County New Jersey is a very high price market. We finally have Jumbo loans now for about 2 months. This is making a difference. Seattle market seems to be trying to hold. The big speculative markets like Southern California, Florida, Nevada, Arizona and the like are on fire with volume. Their pricing however is as much as 60% off the top. The market like yours Seattle, are not having high volume because they didn’t contract as much, nor did they go up as much in the boom time. I think that the less speculative markets are making a slow rolling bottom and will kick in stronger soon. April, in our market has seen some sales picking up. Bergen County New Jersey is a very high price market. We finally have Jumbo loans now for about 2 months. This is making a difference.

]]> By: Curtis Reddehase http://seattlecondosandlofts.com/2009/04/march-2009-condo-update/comment-page-1#comment-77878 Curtis Reddehase Mon, 13 Apr 2009 18:47:33 +0000 http://seattlecondosandlofts.com/?p=2932#comment-77878 Very informative article. It is interesting to read about the markets in different areas. I'm reading a lot of possitive information indicating that each market area has it's own ups and downs as far as real estate is concerned. The more we can inform the public about this the better for all of us. Very informative article. It is interesting to read about the markets in different areas. I’m reading a lot of possitive information indicating that each market area has it’s own ups and downs as far as real estate is concerned. The more we can inform the public about this the better for all of us.

]]> By: Geordie Romer | Leavenworth WA http://seattlecondosandlofts.com/2009/04/march-2009-condo-update/comment-page-1#comment-77509 Geordie Romer | Leavenworth WA Thu, 09 Apr 2009 05:22:51 +0000 http://seattlecondosandlofts.com/?p=2932#comment-77509 Ben- As always a thorough review of the Seattle condo market. I put together a rundown of the Leavenworth condo scene on my blog for folks who might be interested. http://iciclecreekrealestate.com/2009/03/09/leavenworth-condo-market-spring-2009-update/ The condo market here is the one part of our market that is overbuilt and there are some exceptional opportunities if folks are interested in a longer term investment. Ben- As always a thorough review of the Seattle condo market. I put together a rundown of the Leavenworth condo scene on my blog for folks who might be interested.

http://iciclecreekrealestate.com/2009/03/09/leavenworth-condo-market-spring-2009-update/

The condo market here is the one part of our market that is overbuilt and there are some exceptional opportunities if folks are interested in a longer term investment.

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