ARTICLE: Good time to buy — and sell

[EastSider]

This article abour real-estate in Redmond tries to give a positive spin about the market....

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"The national news is full of doom and gloom about the housing market. Over and over, we see and hear that lenders aren't approving mortgages, property values are plummeting and desperate people are foreclosing or selling their homes for peanuts.

Should Redmond residents be concerned?

No, said Mona Spencer, managing broker at John L. Scott Real Estate, 16564 Cleveland Street, Suite H; (425) 861-1575 .

"Our market is different. The Pacific Northwest is different from other regions because of low unemployment, large numbers of people migrating here and low interest rates," she stated. "We're not experiencing the same problems as in Detroit or Nevada. Real estate will remain one of the best long-term investments you can make."
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http://www.pnwlocalnews.com/east_king/r ... 69619.html