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data: Market Trends: New Construction Continues to Shrink - 08/07/09 01:56 PM

NEW NWMLS NUMBERS CAME OUT TODAY
This graph shows the reduction of all new construction inventory on the Eastside.  As you can see the trend continues to level off.  The analysis predict this shortage will put a new type of pressure on the housing market:
A third or more of home buyers want new. With fewer new homes, slightly used homes or recently renovated homes will demand a higher asking price.

 
However, if you look at this chart (New Construction Eastside under $500K) you see the trend moving up slightly.  This reflects the fact that builders are creating a … (0 comments)

data: Kirkland Data & West of Market - 04/02/09 03:08 PM
For all of you who love data, here is some information about Kirkland.
The Case- Sheller index for January (released 3/31) still has values dropping about 3% a month for the Puget Sound area but the annual trend is slowing.
West of Market in Kirkland, WA as of April 2nd has about 56 homes listed for sale.  Prices range from about $480,000 to $4.9 million.
WEST OF MARKET DATA:

With nine pendings and solds over the last six months.

Here are the overall trends for South Kirkland:




New data for March will be out soon.
 
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Bill Blanchard

Kirkland, WA

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