Tuesday’s release of the Case-Shiller data came a day after a positive report from the National Association of Realtors: Pending home sales rose in March for the first time in nine months, buoyed by more homes being listed for sale.
“The housing market is showing signs of slowing, but this was expected and is part of a broader return to normal,” Stan Humphries, chief economist at Seattle-based Zillow, said in a statement.
Seattle housing prices on the rise according to the latest S&P numbers out last week. Does this mean that we are in a sellers market? Quite honestly I think its anybody's market, but I know that buyers need more help than ever with negotiations. Check out this article I found on Seattletimes.com.
Jason Moon Real Estate Broker with ColdWell Banker Bain. Seattle, WA