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We are definitely seeing a trend of younger, first-time buyers getting in on purchases in this market. There are some amazing deals to be had in lower-priced areas with inventory and very motivated sellers, and buyers that have been sitting around and watching have already seen deals that are good enough to get them buying.
Another trend that I think we'll start to see as foreclosures increase are good deals from bank-owned properties. I'm seeing these mostly in the outskirts of the city and outside of King County.
1 FaverViewed: 2 TimesQuoted: Last month, the county had a 5.9-month supply of homes for sale. A six-month supply is considered a balanced market, favoring neither buyers nor sellers.
- derek - Jun 05 20082 FaversViewed: 12 Times
- OfficeMonkeyKing - May 21 20081 FaverViewed: 4 Times
