Western Washington Home prices have increased slightly!

Western Washington homes that sold in January had their prices go up slightly from a year ago. Home inventory is still plentiful, but has reached its lowest level since April 2007.  Pending home sales are still lagging compared to a year-ago.  Listings are up around 35 % from January 2007.  There has been a significant increase in open house traffic, higher volumes of inquiries from first-time buyers.  Financing has become once again obtainable and inexpensive.  Buyers, have the best opportunity right know for getting the house of their dreams for the best possible terms.