Real Estate January 25, 2014

Real Estate Sales Volume Numbers in Sales Up 17% in NW Region (Seattle and Surrounding Areas)

 

#'s going up and Down, see the text below for clarification on which numbers are doing what

Great News, the numbers are in for real estate sales in the Pacific NW for 2013.  The sales numbers compared to the year before are up 17% equating to 11,000 more properties.  Who wants to argue that the economy is doing worst or stagnant?  I am very happy with these numbers and look forward to a great 2014. These numbers state we re a nice increase and hopefully it will be a nice gradual increase. While we look at these numbers to determine the health of the area, other factors are contributing; unemployment numbers are lower than they have been in over 6 years to 6.6%.

Investors are spending a great deal of cash to buy foreclosures and turn them around in record time to get them on the market.

Other great news, we are seeing more homes coming onto the market for sale.

 

Contact me to discuss your investments.

 

Tom Fine

Windermere RE, Capitol Hill