Real Estate Seminar
I learned that I live in a port rim city. It's a fancy way of aligning Seattle with San Diego, Los Angeles, and San Francisco. The pitch was that of all the port rim cities, Seattle property is undervalued. It has the least amount of land to live on but we're #4 on the port rim list. So just buy something as soon as you can or you'll get priced out of the market. That was the message.
This somehow seemed less than reassuring to us marginal potential homebuyers. But what do I know, this was just my first class.
posted by Phil @ 12:11 AM
2 comments
2 Comments:
You have to sit through more classes like that? How disheartening.
Seattle real estate might be undervalued... if more people wanted to live here, and could afford the prices we already have.
It was overall very, very helpful. I'm afraid that the "undervalued" theory might have hit hard for some of the discouraged attending. Sobering reality isn't necessarily a bad thing. But good teachers should jolt you into action, not despair.
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