appreciation: What's Happening With Home Sales & Prices in Washington? - 08/02/07 08:23 PM
The media says sales in Washington are still up where the rest of the nation has seen a decrease as high as 13% in some areas.  Pending sales numbers are still high.  But as an agent I have to wonder where they get their information?
Well, I believe, the answer to our increase is according to recent numbers the market with the greatest absorption rate is the $750k-1.5mil range.  With homes closing in those markets it looks like we have a strong market.  But what about all the homes in the $250k-$450k range?  Why are the sitting?  The answer is simple, with the absence of … (3 comments)