News & Events

Have we finally hit bottom?
Numbers are mixed across the nation but the Northwest continues to avoid the large slump that many areas have experienced.
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Housing inventory continues to swell in February

Newly released February home sales numbers reinforce the prevailing sense that the Puget Sound area is solidly a buyer's market.


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NAR: Existing-Home Sales Inch Up in November
Existing-home sales rose slightly in November, indicating a stabilization in housing in the wake of mortgage disruptions earlier this year, according to the National Association of REALTORS®.

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Real estate 2008
What cities are hot, what cities are not and what to expect in 2008.
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Countrywide to Modify $16B in Loans

Countrywide Launches Program to Refinance or Modify Mortgages


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Seattle home values hottest in U.S.
Prices up 6.9 percent over last year
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Existing-Home Sales Stabilize in July
Existing-home sales were essentially unchanged in July, with increases in the West and Northeast offset by a decline in the Midwest, according to the NATIONAL ASSOCIATION OF REALTORS®.

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Financial Markets
What the Credit Crunch
May Mean for You

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Rates drift lower
Long term rates drift lower for the third consecutive week.
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Market Continues Trend
Expanding Inventory, Fewer Sales and Rising Prices!
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Overvalued homes decline in 4th Quarter

Real estate analyst Global Insight stated that overvalued single family homes declined to 16% from 17% from the previous quarter.


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Economic Focus
A growing number of economists and industry watchers are predicting a housing recovery in 2007. The Los Angeles Times recently published its housing forecast and while it focuses on California, the markets in the West have frequently led national trends.
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Open Houses


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