Home prices could be stabilizing. Zillow.com reported the annual decline in home prices in Q2 was smaller than in Q1. Most significantly, this was the first decrease in the rate of annual decline since the fall of 2007. In addition, the volume of home sales rose 3.8% in June.
Unfortunately, foreclosure-related filings grew 7% in July over June, according to RealtyTrac. However, we need to remember that foreclosure activity is concentrated in just a few areas. RealtyTrac reported that for the first six months of this year, 43% of the foreclosure filings occurred in just two states.
- Jeanette Eide
- Bellevue, Washington
- I’m a full-time professional Realtor specializing in residential resale and new construction in Seattle, Bellevue, Redmond, Kirkland, Issaquah, Newcastle, Sammamish, Bothell, Mill Creek, Snohomish, Everett, Woodinville, Kent, and Renton. Together with my husband Erik, we have over 17 years experience. We take the time to listen – getting to know you and establishing your exact needs. From there, our sole focus is getting you where you want to be, on time, in the smoothest manner possible. Together with our team of professionals, the closing of your transaction will be handled knowledgeably with the attention to detail you expect and deserve.
Jeanette's Profile
Erik's Profile
Subscribe To Our Blog
Posts
Comments