Case-Shiller report reflects Y/Y decline of 6% in the Tacoma to Everett area.

It also says we are back to 2004 pricing but closer to Seattle it's not so bleak. Inventory of good, properly priced, homes is slim. We are seeing multiple offers in our office weekly and the overall mood of where we are headed is positive. Personally I'm busy right now with a hand full of good listings and a couple of active buyers. Click here to see the Seattle Times article about Seattle home prices.

Australian builder comes to Seattle area, plans to built 500 homes.

This is great news for Seattle for multiple reasons; there is international confidence that Seattle has a good future plus it will give much needed jobs to those in the building industry. Click here to read the entire article.

February median home prices slip, mostly due to Short-Sales and Bank-Owned homes.

In Seattle proper about 24% of all homes sold were either Short-Sales or Bank-Owned homes in the month of February. In southeast and southwest King County it was more like 54%, which is bringing down the median home price. Click here to see the entire article.