From the Northwest Multiple Listing Service: FOR IMMEDIATE RELEASE: March 5, 2012 Washington homebuyers realizing "market may have reached bottom of cycle" KIRKLAND, Wash. (March 5, 2012) – With spring on the horizon and consumer confidence on the rise, members of Northwest Multiple Listing Service are reporting positive gains in activity. Pending sales for February increased more than 27...
March 9, 2012
Inventory is way down from our peak levels! In 2008 there were nearly 16,000 homes for sale in King County, now we have less than half that! Inventory is absorbing at levels we have not seen since the market correction began! Absorption levels in mid-30’s would typically mean the median price is on the rise. So what does this mean to you and your...