Off the charts

The Northwest Multiple Listing Service released its April sales stats yesterday, ending (or fueling) speculation that the Seattle real estate bubble has burst. Sales may be slowing, but prices inch ever upwards, as homeownership in the Pacific Northwest continues to be unobtainable for many residents.

Kathy Mulady had an article in today’s Seattle P.I., Homeprices hit record–
Small inventory, high-end sales push median to $419,500.

For an opposing view of todays announcements, check out the bubble babble on Seattle’s Bubble Blog.

Seattle P.I.’s real estate blog Seattle Real Estate Professionals

Even the high-end homes get snatched up quickly by Elizabeth Rhodes, Seattle Times

Looks like a hiatus –
Home sales for the month of April take a breather, but prices continue to climb
, by Barbara Clements, Tacoma News Tribune

Share this with your friends
  • co.mments
  • del.icio.us
  • De.lirio.us
  • digg
  • Fark
  • Furl
  • NewsVine
  • YahooMyWeb
  • Digg
  • Facebook
  • MySpace
Enter your Email


Preview | Powered by FeedBlitz