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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Don Green who wrote (57520)	7/11/2006 8:51:17 PM
From: Schnullie	Respond to of 306849

<<Would you dare speculate on why Seattle remains "hot as a fire...?">> Might reconsider that thought - this seems to be how it starts: Home sales in western Washington dropped 6.1 percent in June compared to a year ago. Brokers reported 9,413 closed home sales last month, down from 10,027 reported in June 2005. Last month’s decline is the fourth consecutive month of slower sales, according to NWMLS statistics.” “Brokers added 14,541 new listings to the MLS database during June, boosting inventory more than 25 percent from a year ago to 29,856 properties. ‘We are starting to get into a rhythm, a beat of even-handedness between inventory and the number of prospective buyers in the market,’ said MLS director Dick Beeson.”