Readers of real estate advertising have all heard a sales pitch in one form or another that states "Now is a great time to buy!" While that line may seem to be tossed around at any given moment in a market upswing or downturn, USA Today had a straightforward piece this week that adds some concre
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08/14/2012
Realtor Magazine had a piece this week on the increasing number of signs that portend a long-term recovery in the national real estate market. A real estate recovery is always beholden to the "self-fulfilling prophecy": if consumers believe a recovery has begun, they will buy more homes and cre
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08/07/2012
Yahoo had an interesting piece on the trends shaping the major metropolitan areas in the U.S. this week. The cities with the greatest potential for the future were highlighted for a variety of different reasons. Seattle came in as the top destination for your professionals, based on the entertai
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08/01/2012
The greater Seattle real estate market saw another strong gain this month, according to the latest numbers from Standard & Poor's/Case-Shiller. As reported by the Seattle Times, Seattle's home prices rose 2.6 percent from April to May (the metric has a significant lag from actual market timing).
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07/31/2012
Seattle's real estate inventory continues to shrink, as the number of Seattle homes for sale decreased last month by a margin that we haven't seen in a decade or more. The total inventory of homes on the market in the Seattle-Bellevue-Everett WA region contracted by 42.85 percent in the past yea
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07/17/2012
Adding to the recent stellar news regarding Seattle's real estate market, this month's stats show another big median price increase compared to last year, and a continuing surge of home sales. The median home price in Seattle rose 11.1 percent year-over-year in June, to $425,000. Sales, at the
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07/07/2012
Bellevue's waterfront real estate sales have seen some significant closings recently, with a slow May giving way to a strong June. The greater Bellevue area (Bellevue, Medina, Yarrow Point, Hunts Point, Beaux Arts, Clyde Hill) had four waterfront homes sell in May, and then a rush of nine sales
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07/02/2012
While many real estate markets across the U.S. continue to struggle, a handful of cities are on the leading edge of the real estate recovery. We've seen increasingly strong signs in the Seattle market in 2012, from sales and prices increasing to inventory dropping to record lows. A new study als
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06/27/2012
New home sales have been down significantly over the past few years, as builders and developers held back on new projects during the real estate downturn. Those numbers finally seem to be changing, as the new construction market starts to see the gains that the general real estate marketing has
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06/27/2012
Waterfront home sales in the Seattle area had a strong month in May, with 72 King County waterfront homes being sold. Compared to the same month in 2011, sales were up 47 percent. 49 waterfront homes were sold last May. In Seattle, waterfront sales increased 21 percent with a smaller, yet signi
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06/22/2012