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.


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Phone: 425-301-2595
Dated: March 24th 2013
Views: 1,147
About Vicki: I'm a full-time licensed professional and love what I do. I use that enthusiasm to make the process ...

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