Weekly Scorecard 10-25-10

By George Thurtle

The gap between pendings sales and sold homes looks to be see sawing. In the last couple of weeks the pending sales looked to be surging. However the pending sales for South Bellevue were pretty good at 11 this week. Overall sales volume appear to be gradually rising in this post tax credit real estate market.

The other issue which does not show in the spreadsheet is the volume of the upper end closings. West Bellevue had another waterfront close and and a Lochwood Lozier for over $2,000,000. Also the amount of bank inventory in the both the pendings and the closings appears to be declining as a percetage of those numbers.

The spreadsheet is here: Weekly scorecard 10-25-10

Tags: , , ,

Leave a Reply