I guess the word is out. Home prices are climbing… again. Feel like ‘been here, done this’?! Well, certainly the future is always a mystery - but this mystery may just be a re-play. Bellevue median price up 23% from last February According to The Seattle Times, a record-low inventory of homes for sale in King …
Tag Archive: home pricing
Jan 19
Merrill Lynch predicts house prices to rise 36%
Bank of America Merrill Lynch revised its housing forecast upward due to a better alignment of supply and demand, and now predicts the S&P/Case-Shiller Index will increase by 5% in the fourth quarter over 4Q 2011. That translates into an average price gain of 2.1% this year compared to 2011. In August, BofA analysts predicted prices would …
Mar 11
Home prices predicted to continue falling
If you are looking to sell in the next year, today’s price may well be the best price. Home values stabilized somewhat in 2010. Many hoped that was a sign that values had bottomed out and we would see price appreciation in 2011. Studies released this week have painted a different picture. CoreLogic’s January Home …
Nov 15
Leveling out of home values in King County, WA.?
Looking at median home prices in King County, WA, since 2007 The red bars in the chart above indicate the percentage change from 2007 to 2010 in the median price in King County, which covers Seattle, Bellevue, Redmond, Issaquah, Renton and parts of Bothell. While not as …
Nov 06
Too Many King County Homes for Sale
The new reality: some sellers get it and… Problem: There are a ‘lotta-lotta’ homes for sale—and, they stay ‘For Sale’ a long time. Average days on market for King County ranged between 102 and 175 the past three months. To put that into perspective, October 2005 averaged 37 days on market. To buyers’ advantage, nearly …
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