home sales gig harbor: Short sales small percent of Gig Harbor home sales
- 01/08/10 03:44 AM
Short sales small percent of Gig Harbor home sales National media hypes short sales and bank-owned properties as a large part of the market, but in Gig Harbor they represent a smaller portion of Gig Harbor home sales than the casual observer might think. Key Peninsula is not as fortunate but still better than many parts of the country. 22.6% of Gig Harbor home sales in the past six months have been bank-owned or short sales and 41% in Key Peninsula. This compares to figures as high as 80% of all sales in Las Vegas and 50% in Phoenix and Southern (2 comments)
home sales gig harbor: Gig Harbor home sales follow western trend
- 11/27/09 04:53 AM
Gig Harbor home sales follow western trend Nationally home sales rose 21% and in the West 10% in October, compared to a year ago. Gig Harbor home sales were up slightly less--8% from 2008. These numbers are certainly an improvement but October 2008 was a sobering sales month after the financial crises of AIG, Lehman, and others. November 2008 was even worse but this year Gig Harbor home sales are on track to beat 2008 by at least 25%. The median price is up in 98333 and 98335 from September, an improvement from the year-over-year figures. We are cautiously optimistic we (0 comments)
home sales gig harbor: Bank-owned Gig Harbor home sales business lower than nation
- 11/26/09 06:21 PM
Bank-owned Gig Harbor home sales business lower than nation Bank-owned and short sale homes are striking the Gig Harbor and Key Peninsula markets with less impact than much the rest of the nation. In Gig Harbor, less than 13% of all the homes listed and slightly more than 14% of sales fall into this category. In Key Peninsula, slightly more than 20% of the inventory fits this classification while sold homes are pushing 40% in the past 30 days. The Seattle/Tacoma/Bellevue area is running 17.8% of all sales but some places in the nation are running much higher-56% in Phoenix, 67% (1 comments)