If wishes were horses, beggars would ride, and wishing the market to be better is not providing a good and valued service to your clients.

I wrote a blog post today about where I think the market is...and where it is heading, but not with wishful thinking...but cold-hard facts and a bit of projection regarding some red flags I am seeing.

Seattle is quite different from most parts of the Country, in that our cup is 95% full as to price and half empty as to volume. 

But I do urge those who shell out advices day in and day out regarding good time to sell and good time to buy, to study their own market in depth before offering advices.  Or look for currently relevant and local forecasts to back your answers with.

 

2 Comments on Is the Housing Market Stabilizing?

JUL
21
2008
240,437 Points Outside Blog

In my area, which is a secondary home/discretionary market, sort of like on Orcas or San Juan Islands, it doesn't follow the trends of a city marketplace.    We do seem to be strengthening up, here.

Li

6:00pm • #1

Same as Li Read we are located in a second home market. Our number of transactions has dropped slightly, but the average price has raised!! Now being that summer is here and it is extremely difficult to convince buyers to look at houses in 120 degree weather, it becomes a matter of....Come on fall!!!

6:04pm • #2

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ARDELL DellaLoggia

Seattle, WA

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