market report: Actives to Pendings, and what they tell us. . .
- 02/20/12 09:58 AM
It seems to be almost a knee-jerk reaction when I see friends & acquaintances- the second or third thing out of their mouths is: “so, how’s the market?” I’m pretty sure I get a perplexed and slightly pained look on my face. In over seven years, I really haven’t figured out how to answer that question, because I’m trying to process all the following thoughts at the same time:
“Which market exactly do you mean?” The residential market under 400K is very busy but the 750K+ market is struggling. The condo market is currently faring worse than the residential … (3 comments)
market report: Latest stats for West Seattle: Prices take a beating, absorption rate shifting.
- 09/09/11 10:38 AM
As much as I wish real estate could always be "win-win" for everybody, the market doesn't seem to allow for it most of the time. Five years ago I often felt so BAD for my buyers. They would tour a home the day it came on the market, do a pre-inspection, offer to increase their offer to beat others, write flowery cover letters pleading with the seller to sell to them, only to find out in the end there were 12 other offers, and somebody with more resources blew them out of the water. My, how the tables have turned. Now … (0 comments)
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