Case-Shiller reports 4th straight month of overall gains, but Seattle still down.

Though the overall Case-Shiller index did see a 4th straight month gain Seattle still dipped by 0.3%. I view this as the "glass-half-full". The mess we've been in is turning around, a little at a time. At our Monday agent meeting, where there are usually about 50 agents in attendance, the news seems good. Buyers are going to open houses and offers are being written. Interest rates are still hovering around 5% and there is a lot of good product on the market. At such a small dip in the Seattle prices (which comprises King, Snohomish and Pierce counties) I think the prices have hit the bottom. Click here to see the entire Seattle Times story on the Case-Shiller index gains.