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Pulse of the Market March 10th, 2010





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Click to download the Pulse of the Market data sheets for residential listings in King County, Pierce County, Snohomish County and Condominiums in King County.



Summary:

In King County, demand remained consistent in all price categories this week with very little change in overall inventory levels.

In Pierce County, demand remained strong below the $1M range while inventory grew in homes priced above that level.

In Snohomish county, inventory levels remained virtually unchanged in all categories this week reflecting a continuing strong demand.

In the condominium market, inventory levels grew slightly in Bellevue and the Seattle Downtown area while Kirkland, and the Seattle Center area experienced a decrease in inventory levels this week.

The First Time Home Buyer and Repeat Buyer Tax Credit is set to run out on April 30, so if you are looking at buying a home and are eligable to take advantage of the tax credit, time is running short. If you need to know more about the tax credit, we have a great chart on this website that is very helpful. We have not heard that it is going to be extended, so don’t let this great opportunity of the tax credit and low interest rates pass you buy.


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