Monday, January 2, 2012

Things are Heating Up

Even though it's winter the local Real Estate market is heating up. While the media paints this doom and gloom picture there are bright spots. Kirkland west of 405 is hot, we are seeing multiple offers on a regular basis. The entire Eastside is doing well, inventory is down 36% vs. this time last year. Yes; we have our foreclosures and short sales and they do keep prices down but that will slowly change with decreased inventory levels.

Clue #1 our market has a bright future. Toll Brothers a upscale national home builder bought Cam-West last month for a reported $113 million dollars. Think about the market research Toll did before entering our market, a great sign of positive things to come.


No comments:

Post a Comment