Buy dirt - they aren’t making any more of it.
September 23rd, 2008 by Tish Johnson
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Seriously, does anyone think buying real estate - commercial/industrial especially in the Puget Sound area is a bad idea? Please me know why. I just don’t see it. We are expected to welcome an additional 1.7 million people to this area in the next 30 years. THE best article I have ever read about Seattle appears in September issue of Smithsonian Magazine. Truly, you will understand the appeal of this corner of the world after reading it.
There is going to have to be some imaginative financing/seller financing/trades going on for awhile - but it really will be good to get back to old fashioned basics. There are tremendous value now - instead of “pie in the sky” value - real honest to goodness value here in the Northwest.
This whole mess with the financial institutions vaporizing and the trickle-down affect it will have, reminds me of a scene from Dr. Zhivago when Geraldine Chaplin’s character thought of her life of affluence and then how a dozen families were living in their former home and said: “It is much more fair”. Get ready for a lot of “fair”.
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The Author: Tish Johnson
About: Tish Johnson is a Seattle native; through her real estate printing and marketing company, she identifies properties and markets them through networking and print marketing to secures buyers. She is also active in markets in Dallas Texas, San Diego, CA, Grays Harbor County, WA. Specializing in out of state buyers looking to gain a presence in the Seattle and Northwest Markets, she also works with developers to build green housing/developments for use in independent living facilities.
This entry was posted by Tish Johnson, on Tuesday, September 23rd, 2008 at 2:12 am and is filed under Featured, Industry News, Real Estate-Res., Real Estate-Comm., Club News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response below.
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November 12th, 2008 at 8:43 pm
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