Comments on: Seattle Q2 home sales up, but not by much http://blog.redfin.com/seattle/2008/07/seattle_q2_home_sales_up_but_not_by_much.html Redfin Seattle Sweet Digs Mon, 23 Nov 2009 07:13:24 -0800 http://wordpress.org/?v=2.8.1 hourly 1 By: Allison Arth http://blog.redfin.com/seattle/2008/07/seattle_q2_home_sales_up_but_not_by_much.html/comment-page-1#comment-2739 Allison Arth Thu, 24 Jul 2008 17:39:03 +0000 http://blog.redfin.com/seattle/2008/07/seattle_q2_home_sales_up_but_not_by_much.html#comment-2739 Good point, Ben; we do have loads of homes above the $500K mark, which certainly isn't doable for most. Good point, Ben; we do have loads of homes above the $500K mark, which certainly isn’t doable for most.

]]> By: Ben http://blog.redfin.com/seattle/2008/07/seattle_q2_home_sales_up_but_not_by_much.html/comment-page-1#comment-2737 Ben Thu, 24 Jul 2008 06:45:44 +0000 http://blog.redfin.com/seattle/2008/07/seattle_q2_home_sales_up_but_not_by_much.html#comment-2737 Dropping prices will cause folks with money to not sell their house. And it will wreak havoc with the balance sheets of banks that modify loans or foreclose. The selection is not yet really that abundant, if you take affordability into account. Dropping prices will cause folks with money to not sell their house. And it will wreak havoc with the balance sheets of banks that modify loans or foreclose.

The selection is not yet really that abundant, if you take affordability into account.

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