Shrinking new construction inventory on the Eastside. - 07/05/09 01:45 PM
This graph illustrates the dramatic decline of new inventory on the eastside.  Because of the lack of new permits being issued and builders concentrating on selling current inventory, this lack of new construction will put pressure on the overall market.
 

 
Other Market indicators:
We will continue to see prices stabilizing erasing concerns about buying a home only to see the value drop the new month. 
About 20 -30% of buyers are looking for new or like new homes, this will create higher demand for homes built after 2005 or 2006 and/or homes that have be recently updated.
The … (0 comments)

 

Bill Blanchard

Kirkland, WA

More about me…

Windermere

Office Phone: (425) 823-4600

Cell Phone: (425) 652-5225

Email Me



Links

Archives

RSS 2.0 Feed for this blog