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North Seattle leads with Pending home sales
North Seattle had the highest amount of homes go under contract last week with 18% going pending of the five areas that I track for my blog. Bellevue had at least one home go under contract in each price range, even in the higher price ranges. The Red areas are considered Sellers markets. What does you area look like?
The real estate market is changing in Seattle and the Eastside
The market has been changing daily. There are several price ranges that have been receiving multiple offers and even some offers with escalation clauses. The market in general is picking up but it all depends on the area and price range. Take a look at the chart below to see the areas in red and yellow that shows a Sellers market and Balanced market for the week of May 7th to May 13th 2012.
Active vs Pending 5-13-12 Presented by John Fiala
Signed contracts, highest in nearly two years
The number of Americans who signed contracts to buy homes rose in January to the highest level in nearly two years. It is good to see the media reporting some positive news about real estate.
http://seattletimes.nwsource.com/html/businesstechnology/2017609493_apuspendinghomesales.html
