I'm in a suburb in SEattle where Microsoft is. I'm starting to see more people in the mall but we got a lot of high rise condos that are begging people to buy. There were hot cakes last year but now they are vacant. The store front down below are vacant and no one is renting.
Our state has an unemployment rate of 9%. I know stock market are always 6 months ahead but I don't see recovery until late next year.
yep yep yep....those condo projects are in trouble too. Some need more financing to complete the projects, yet can't get any. UhhhhhhhhhhhT Ohhhhhhhhh...Or how about Microsoft taking 10 year leases on Class A Office space in Bellevue only to turn around and sublease part of it out?