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Weekly Scorecard 3-21-11
Finally the inventories have inched up but not as much as they should be doing this time of year. South Bellevue went up by 10 homes and East Bellevue by 7 homes but that still is not much for what should be coming on this time of year. Â The sales numbers were again strong and I thought the volumes would... »
Weekly Scorecard 9-20-10
Two interesting things this week. The first is that this was the week for large water front sale. One went for about $4,000,000 in Newport Shores and another one went for $5,000,000 on Hunts Point. The one for five million had a small house and is obviously going to be a new home some time in the near future. The other... »
Weekly Scorecard 8-17-10
It appears inventories are peaking and we are seeing closed sales come more in line with in MLS Area 530 (East Bellevue). The other two areas that still have a big spread between closed sales and pending sales. the disturbing faactor is that while inventories have peaked, if you look at pending sales they are by half. The result is... »
Weekly Scorecard 8-2-10
While the same trend continues with closed sales at pretty high numbers and pending sales running half of the closed sales the big news which can be inferred by the numbers but which does not show directly is that the upper end inventory is moving. In West Bellevue alone of the 7 sales 4 were over a million and... »