thurston county real estate: May 2010 South Sound Real Estate Market Snapshot
- 06/07/10 10:21 AM
The much anticipated market data for May 2010 has just been published by the Northwest MLS. It was expected that the First Time Home Buyer Tax Credit incentive, that expired for most buyers at the end of April, would have an impact on the market data... and it did. Numbers for "pending" sales, which have been up compared to the previous year in April, have shown a drastic dip in the May statistics, confirming that the tax credit has urged future buyers into an earlier market, therefore creating a void in the months to come.
Good indicators are that … (2 comments)
thurston county real estate: Thurston County Real Estate Absorption Rate 2009
- 01/04/10 11:37 AM
If you look at last year's real estate absorption rate for Thurston County you can visualize an ascending curve toward and through the summer and then a pretty sudden drop at the end of the year. You might wonder what's so special about a drop in real estate inventory at the end of the year. It's a well known fact that many sellers will either take their unsold listings off the market during the slow season to re-list again in the spring, and many agents will want to hold new listings off until after the holiday season, when very few … (2 comments)
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