Tag Archive

Weekly Scorecard 3-7-11

By George Thurtle

The sales are taking their usual seasonal upturnb but not the inventories. South Bellevue did finally see its inventories rise by 12 homes. The other areas were flat to down a little. East Bellevue dropped to 159 homes which is a ridiculously low number. The sales however are starting to surge with the usual seasonal regularity. Again South B ellevue... »

Weekly Scorecard 12-13-10

By George Thurtle

The sales volumes are pretty high for this time of year except for west Bellevue which had a large number of sales but no pending sales and the pending sales for West Bellevue have been done the last couple of weeks. However the other areas have both a higher volume of sold and pending sales which could mean this market... »

Weekly Scorecard 11-22-10

By George Thurtle

This week the amount of inventory continues to decline however the pending sales and sold home numbers seem to be diverging some.  In East Bellevue there were 11 sold homes and only 4 pending sales.  In South Bellevue the same  trend 15 sold homes and 7 pending sales. West Bellevue was different with 4 sold homes and 5 pending sales. Given the time... »

Weekly Scorecard 10-18-10

By George Thurtle

Finally getting caught up. The volumes are down this week and we will have to wait to see if this is seasonal or if the overall level of demand is declining. The pendings and the solds appear to be coming in line so the true market after the tax credit expiration is starting to resolve. Overall values have appeared to... »

Weekly Scorecard 8-30-10

By George Thurtle

Well I seem to keep getting further behind but finally got to the weekly numbers. The schizophrenia continues a high number of closed sales and low numbers of pending sales. West Bellevue was the best example with 11 closed sales and no pending sales. There was one bright spot in West Bellevue a new construction home closed for $3,000,000 that is... »

Distressed Inventory Report 8-28-10

By George Thurtle

The inventory of distressed homes does appear to be peaking. There is a lot of turn over in the homes with Notice of Trustee Sale with many of those numbers falling; particularly in South Bellevue and East Bellevue.  You can most likely read into this that more banks are approving short sales. The only area which appears to be having... »