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Vancouver WA Real Estate | Market Update Report for November 2010
Homes For Sale Vancouver WA -- November Angst and Action. Real Estate in Vancouver WA has seen a couple of improvements for November 2010. This month the Pending sales increased by 11 units (+5.5%) while the the Sold homes dropped to 189 -- reflective of the very Slow October.Of the stick-built houses and condos for sale that went pending in November, we saw both the Short Sales and the Bank Owned Homes segments now capturing the largest percentage -- combined they were 54.0% of the total Pending Sales (45.8% last month). The foretold 3rd Wave of Distressed Properties, combined with better short-sale approval rates and resumed Bank-Owned sales is likely the reason for the increase in the Active category for this segment. The chart below is a matrix representation of the highlights for homes for sale in Vancouver, WA November 2010:

The Chart below shows the current trend of home prices for Vancouver WA, compared to other Pacific Northwest cities of Seattle Washington, and Portland Oregon. - all cities are showing sliding prices, although the downward slope for Vancouver is not as steep as seen for Seattle and Portland. For home prices to start going up, we will typically first ... more

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