Seattle Joins Real Estate Slump
It had to happen. Just how bad will it get?
From the Seattle Times:
| Go to Home - Most Recent PostsThe housing market in King County ended 2007 on a sour note as the median single-family house price last month fell 1.1 percent from December 2006. It was the first time in recent history that prices declined year-over-year.
And the number of homes for sale rose 61 percent in King County, continuing a trend that started in April, the Northwest Multiple Listing Service reported Monday. The MLS is an association of Realtors that compiles home-sales statistics for King, Snohomish, Pierce, Kitsap and 15 other counties.