Posted by: phillipsre | October 24, 2012

Positive News For The Real Estate Industry

A couple different reports out this week are showing that the Real Estate market is heading in the right direction. First, a survey from Redfin, the technology-powered real estate broker shows that agents are feeling positive about the industry and the market.Now is a good time to buy a home as prices are fairly modest and there is still competition in the market, so agents and buyers will have to compete with multiple offers.

Additionally, the Seattle P-I reports that area home values posted their largest gain in five years in the third quarter, according to a new report. The value of a typical home in King, Pierce and Snohomish counties was $263,500 in the third quarter, up 2.6 percent from a year earlier.

Overall, the value of homes are going up and there are more people out there looking to buy. If you are looking to buy a new home or investment property or trying to sell, please let us know, we can help. And now is a great time!

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