From Tacoma: Weekend article from The News Tribune Home builders are advertising more incentives. “Price Reduced” placards hang below “For Sale” signs. And the house down the block that you’d thought would sell in a few days? It’s been on the market for a few months. For buyers, it’s great news. They can be more…
Tag: Beeson
Inman Weighs In On Latest Washington Stats
Even Inman News is having a hard time denying the Nortwest’s housing slowdown (link becomes subscription-only after today): Home sales in western Washington declined for the sixth straight month in August amid surging inventory, while home prices maintained double-digit annual growth, according to the latest report from the Northwest Multiple Listing Service.…In Pierce County, the…
Balanced June Reporting Outside Seattle
Let’s not forget that you only have to look a little ways outside of the immediate Seattle area to find rational and balanced reporting on the realities of today’s real estate market. “We’re seeing a consistent trend here, a flattening of the market,” he said. “It (the strong housing market) hasn’t come to an end…
May Reporting Roundup
Let’s take a look at today’s reporting on the May NWMLS numbers. First up: Home prices keep climbing by Mike Benbow of the Everett Herald: Home prices soared again in May, but that didn’t stop significant numbers of buyers. Sales last month did drop by 1 percent in comparison with May 2005, but they still…
Unignorable Slowdown In Tacoma
Surprise, surprise—Barbara Clements of the Tacoma News Tribune reports on a slowing market in Tacoma! If your home’s taking longer to sell, you’re not alone. Home prices are still going up, even though sales have dropped dramatically when compared with 2005. And now that it’s spring – prime home-shopping weather – more for-sale signs are…