Seattle Experiences 16-year High for Unsold Homes

According to a recent article in The Seattle Times, 2007 marks a 16-year high for unsold homes. The article states that inventories of unsold homes across the U.S. has increased 2.2% during the month of July to 3.85 MILLION. This according to the National Association of Realtors.

Sales are down 9% from earlier this year and the median home price has dipped to $228,900, a difference of 0.6 since last July. Overall home sales are 5.7% below 2006 numbers for closed home sales.

What does this mean for the Seattle Real Estate market? And for investors? We’ll explore this in detail in the coming week.

Real Esate Research Basics Now on Amazon.com

A little while ago I went to Amazon.com and my book, Real Estate Research Basics is listed as available. It ships within 2-3 weeks, which I’m not too happy about - thought it was supposed to be 24 hours, but at least it’s there and available.

Please feel free to check it out - Real Estate Research Basics: A Primer for New & Experienced Investors

And if you send me your receipt, I’ll throw in a copy of the eBook and a few other goodies free.

~ Annie

RE Research Basics Now in Paperback!

It’s official - Real Estate Research Basics is now available in paperback! The publisher is finishing up the last of the process and it will be available for purchase on Amazon.com and other major retailers by early September. I’ll let you know the exact date as soon as I have it.

~ Annie