Glenn Crellin
Glenn Crellin
fairly lower parts prices though
The prices are lower than in many parts of the state, even though the incomes are fairly average.
people putting traffic
With the holidays, we don't have a lot of people putting listings on, or a lot of traffic from prospective buyers.
affordable inability starter
More troublesome is the inability to find affordable starter homes.
affordable consistent declines inability markets past starter strong
Affordability declines are worrisome, but consistent with strong markets for the past 30 years. More troublesome is the inability to find affordable starter homes.
bad december despite higher home increase last market number october period quarter sales slowing small
Despite the bad press, the number of home sales during the October through December period was higher than during the last quarter of 2004, but the small year-to-year increase suggests that some slowing of the market is under way.
bring line prices
As a result, we should see a stabilizing in prices to bring them more in line with inflation.
clearly economics interest job market rates represent strong underlying
There's clearly a wait-and-see attitude. Still, the underlying economics are still strong enough that job holders will get into the market -- interest rates still represent a bargain.
condo downtown example ground happening projects seattle seems
Take downtown Seattle for example, where there seems to be condo projects springing out of the ground everywhere. The same thing's happening in downtown Spokane.
home leaving people time trading
It was a noteworthy decline. But at this point, we can't tell who is leaving the market: the first time home buyers, the people trading up. ...
apartment building change county happening large percentage permits
The large percentage change in building permits are usually because of a large apartment building or two, but that's not what's happening in Cowlitz County --- most are single-family dwellings.
buyers house money
Buyers now don't have to put money down on the first house they see. They can be more selective.