-According to the National Association of Realtors, inventories of unsold single-family homes increased 2.2% and the percentage of unsold condos increased to 20% nationwide- the highest level relative to sales in 16 years.
-According to the Seattle Times, King Countys single-family inventory has increased 44% while condos have increased 80.6% in comparison to July 2006. (Click here to read more)
-Also, the U.S. home-price index fell 3.2% in the second quarter when compared to last year BUT the Standard & Poors/Case-Shiller report still shows Seattle holding its own. (Click here to read more)