In an effort to diuscss what this blog is really about, I am curious what observations people have for the Eastside.None of the big builders seem to be doing anything like 10% price drops yet. I have seen some 2-3% drops on new homes from some builders, though. Are they just dropping the prices without advertising it?Education hill in Redmond still has a bunch of new home inventory up there, around the $750k $1000k range. These places seem too small and too cheap for the Microsoft folks that have already struck it rich, but still too expensive for the rest of the MS folks. So who is going to buy them?I am in a position where I know that prices are falling down, but I want to live in a bigger place than the townhouse I own and I hate to rent. I figure that as my current place depreciates and other properties in the same area depreciate, that things should get cheaper over time. But inventory is the problem. Rate this comment: 0 0

by Billy 03:07:51 AM 2012.12.09