Sellers Market Continues To DominateLower sales, but much higher prices
Inventory continues to be the biggest challenge to our sellers market. The latest numbers show a slowdown in sales volume but a big jump in sales prices. You only get that when there are not enough homes to meet a whole lot of demand.
The end result is a sellers market that just keeps growing.
Some other topics today include Seattle getting ranked as the top real estate market in the nation. The suburbs are hot again. Lumber prices have ticked up and this time it does look like it is about US based construction.
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Click “Read More” below for links, and other info!
- Update: Framing Lumber Prices Up Year-over-year
- Seattle Ranked as the Top Real Estate Market in Nation
- Seller’s market? Bay Area home sales slip, but prices soar
- Suburbs once again outgrowing cities after 10-year pause
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