Weekly Scorecard 4-12-10

By George Thurtle

Inventories appear to be rising a little bit. East Bellevue saw inventory jump to 264 homes from 251 the week before. This is from a low 214 homes on March 1st of this year. It is normal for inventories to increase during this time of year but usually sales also increase. Sales appear to be holding steady but not increasing so if this trend continues it will continue to hold prices flat. The marekt appears to be churning. As sales occur it appears there are sellers on the sidelines willing to bring inventory into the market.

The spreadsheet is here: Weekly scorecard 4-12-10

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