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For the past several weeks home sales have been exceeding new inventory. While it is still a buyer's market, prices seem to have responded by moving upward. If the demand continues expect prices to keep marching upward especially once we see a seller's market. It looks to me like we may very well be at the bottom. For the past three months we've seen modest increases in home values in the range of 2/10 of 1% this trend is in keeping with the national numbers as reported in the Seattle Times.
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