Agreed. There is a huge difference in having bought just three or four years ago versus now. The median price in the city has skyrocketed to $777k and on the Eastside it's just short of $1 million. Even in Shoreline, I don't see anything for under $400k on Redfin. "Just north of Seattle" used to mean Shoreline or Lake Forest Park. These days, it's the Alderwood side of Lynnwood and almost up to Paine Field.
(Also, there's a pretty big gap in salary of "we don't make $250k and we own." It's possible to buy a $600k house on under $200k/year and $600k will still buy you something even in Bellevue.)
We bought about two years ago and live in Wallingford. It's starting to get crazy but there are still reasonable places to be had, especially as you get into summer. Seems to work out, and we're very happy with the area.
No offense, but there's only so specific I'm going to get about my income with a bunch of people on ycombinator.... Hackernews if you prefer. I'm not throwing the specifics around the internet, at all =)