Wednesday, December 30, 2009

Seattle sees gains in home prices, first increase in 2.5 years.

This isn't a trend yet but home prices ticked up .44% in Oct. That's now following the trend that more homes are closing year-over-year. Prices are still down 22.5% from the high in May 2007. At least the trends are moving the right way now. If this continues for 1 or 2 more months we may be past the "bottom" and on the way up. Buyers, better buy now. Click here to see the entire Seattle Times article on the Case-Shiller index increase.

No comments: