Tag Archive

Weekly Scorecard 11-1-10

By George Thurtle

This will sound like a broken record but again this week a pretty high number of closed sales and a relatively low number of pending sales. At some point in time these numbers need to converge. Also inventories are declining as well as sales volumes. This is pretty normal for this time of year no matter what the market conditions.... »

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... »

Weekly Scorecard 10-4-10

By George Thurtle

Still trying to get caught up. This one is one week behind but does give an idea of the continuing trends. The closed sales are still high compared to the pending sales but the pending sales seem to be picking up. Probably in a couple of months these numbers will be coming closer together. This is a reversal of the... »

Weekly Scorecard 9-27-10

By George Thurtle

Still getting caught up.¬† The same trends as the last few weeks continue; pretty good numbers for the clsoed sales but weaker numbers for the pending sales. The big news though is that in West Bellevue we are seeing some big numbers.¬† Another large water front closed along with two more homes¬†either side of¬†$3,000,000 these were not distressed sales sales.... »

Weekly Scorecard 7-19-10

By George Thurtle

Inventories appear to have peaked but the sales keep occuring at a pretty good clip. What is especially notable this week is the number of sales over $1,000,000. East Bellevue had a closing over a $1,000,000 on a resale home this is a first in over a year. West Bellevue had 10 closed sales; of those sales 5 were over... »

Weekly Scorecard 7-12-10

By George Thurtle

The story this week is two fold. Inventories keep gradually rising. However the big story is that ratio of closed saled to pending sales has equalized. If you were checking weeks prior you will remember while the closed sales number were pretty good the pending sale numbers were pretty low. The expiration of the tax credit seem to be the... »