NWMLS stats for 2009 (NWMLS.COM)

Northwest MLS Brokers Report $17 Billion in Home Sales During 2009
KIRKLAND, Wash. (Jan. 26, 2010) – Members of Northwest Multiple Listing Service tallied more than 52,000 closed sales of single family homes and condominiums during 2009, about 3.7 percent fewer than the total for 2008. Last year’s completed transactions had a combined sales value of… Read More

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January 2010 Market Update and Trivia Question

Market Update January 2010
Last month showed more signs of a bright future for months to come. Of the seven cities in Washington reviewed all showed tremendous year over year growth.
Auburn, WA has had a 5.1% increase in sold properties in the last twelve months, including an 86% increase of homes in escrow…. Read More

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Effects of the tax credit (Seattle Times)

Tax credit fuels home-sales bounce, but will it be just a blip?
The first-time homebuyers’ tax credit helped resuscitate the Seattle real-estate market in 2009. The market remains fragile, most insiders say, and the outlook for late 2010, after the credits are scheduled to expire, is especially murky.
By Eric Pryne
Seattle Times business reporter
In residential real-estate annals,… Read More

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Housing starts, permits fall sharply in October

WASHINGTON (Reuters) – New U.S. housing starts in October unexpectedly fell to their lowest level in six months, weighed down by a sharp decline in construction activity for both single-family and multi-family dwellings, a government report showed on…

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HomeStreet Bank article

Interesting article on HomeStreet Bank from the Seattle PI.
While the economy languishes, HomeStreet looks to expand
Being privately owned may be company’s saving grace
By BILL VIRGIN
P-I REPORTER
HomeStreet Bank’s assets and branch count are mere fractions of fellow Seattle-based home lender Washington Mutual.
On the other hand, HomeStreet made a lot more money last year —… Read More

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