Washington Housing Recovery Exceeds Expectations

Washington Housing Recovery Exceeds Expectations

The Washington Economic and Revenue Forecast Council, in a recent March release, indicated that Washington Housing Recovery continues to exceed expectations.  Data from the housing market continue to be positive. Existing homes sales in January were up 0.4% from the December level and were 9.1% above the year-ago sales rate. January new home sales increased by 5.6% above December sales and 28.9% above the year-ago level.  As a result of the recent strength in housing, we have raised our housing forecast for 2013 through 2017.[For more information http://www.erfc.wa.gov/forecast/documents/ec20130307.pdf]  The market continues to be fast in the South Sound area including Olympia, Lacey, Tumwater and communities surrounding JBLM.  Inventories are limited and multiple offer situations are returning.

Our team at vicki.servingwateam.com are happy to help, whether you are deciding to sell or you are looking for the perfect new home.

Vicki


Vicki McLellan Headshot
Author:
Phone: 425-301-2595
Dated: March 24th 2013
Views: 1,096
About Vicki: I'm a full-time licensed professional and love what I do. I use that enthusiasm to make the process ...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

RE/MAX Professionals
3009 Pacific Ave. SE Suite 200
Olympia, WA
360-209-7477
360-357-8274