Saturday, August 6, 2011
Selling Like Hotcakes in Bellevue!
So with all this bad national economic news....here's a bright spot in our corner of the world: Bellevue housing listed between $500K and $950K is selling like hotcakes! The demand ratio is 1.21:1....or put another way, for the 40 homes currently listed in this price range, there are currently 33 in this same price range that are pending. Anything less that a 2.5 ratio in this price range is considered a seller's market.
Posted by Lauren Hunnicutt