Here is another example of the housing bubble run a muck in Lake Stevens. In 2001 the house was sold for 220,000, then again in 2005 for 410,000 wow nice profit 190,000 in just 4 years works out to 47,500 a year. Why work a crappy job when this kind of money can be had for doing basically nothing. So now of course round two, buyer in 2005 wants his money, he's had the house for 3 years and list his house for 629,950 this works out to 73,316 dollars a year, wow even better so if anyone cares to give this guy his lotto/retirement check feel free. redfin