Seems like we are all just inundated with headlines screaming bad news from all over the country. But sometimes it pays to look at where the headlines come from, and why they were picked for publishing. Here’s an example: if over a year or so the number of sales of high-priced homes drops a lot, [...]
Posts from ‘April, 2009’
‘Buyers’ Market vs ‘Sellers’ Market – Both in Seattle?
The single variable that most clearly measures whether we are in a ‘Sellers’ market or a ‘Buyers’ market is ‘Months Supply’, a measure of how fast homes are selling relative to the number of homes on the market. Generally, if Months Supply is under 5 months, good properties are in short supply, and Buyers have to compete to [...]
Maybe This Is A ‘Shoulda’ Kind of Year
This is beginning to look like a ’shoulda’ year. House prices rolled back
three years, interest rates at historic lows, lots of inventory and
bargaining power. The kind of year where maybe 5 years from now you will
say to yourself “I should’a bought then.” But of course it doesn’t feel
very good right now, does it? When the [...]
Welcome to Chuck Reiling’s Blog!
Welcome to Chuck Reiling’s Blog! Hopefully this blog will provide you with valuable information, tips, and general insight into the real estate market in the Seattle region. Please also visit my website at www.ReilingTeam.com.