| HeraldNet - Snohomish County's online news source |
 MONDAY, FEBRUARY 8, 2010 11:12 pm |
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Business 
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Pending home sales up in Snohomish County The housing market in Snohomish County continued to show signs of recovery in June, with the Northwest Multiple Listing Service reporting a 30 percent increase in pending sales over last year.More than 1,190 sales were pending in June, up from 915 in the same month last year. The data reported Monday also shows pending sales were holding steady from May when the county had 1,160 sales pending. Brokers described the upward trend as “encouraging,” citing shrinking inventory and a small 4.4 percent increase for median home prices in Western Washington since the start of the year. “It's encouraging to see that pending sales are at their highest since the credit bubble burst nearly two years ago,” said John L. Scott Real Estate CEO J. Lennox Scott. “This is an indication that the $8,000 tax credit is working and the market has reactivated itself in the more affordable and mid price ranges.” Snohomish County saw 1,730 new listings last month, down from 1,961 in June of 2008. There was also a small increase in home sales over last year — 745 compared to 739 in 2008. But the median home price fell 9.24 percent to $299,000. Snohomish County was one of seven Northwest counties to report a 30 percent jump in pending sales in June. Overall, brokers reported 7,733 pending sales of in the Northwest Multiple Listing Service's 19-county market area in June. Compared to the same month last year, that's a gain of 19.5 percent -- about 1,263 sales. |
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- 1949 travel aid shows how few places blacks were welcome in Washington
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- Boy struck by car is in serious condition
- Three politicians who want Gregoire's job in 2012
- Marysville family comes together amid devastation in Haiti
- Boeing's 747-8 Freighter 'ready to fly'
- Monroe Correctional Complex to lessen security for some
- Extra patrols will be watching for drunken drivers today
- Majestic predators and ugly chickens a hit at Eagle Festival
- Everett police officers cleared in 2008 shooting death
(13) - 1949 travel aid shows how few places blacks were welcome in Washington (12)
- Three politicians who want Gregoire's job in 2012 (10)
- Vote on school levies by Tuesday (8)
- Lynnwood man charged in father’s death after slap (7)
- Everett man charged with assault in attempt to circumcise son at home (7)
- A tidy lawn could be law in Lynnwood (6)
- Marysville family comes together amid devastation in Haiti (6)
- Tell legislators to stop defying the people’s will (6)
- From the courthouse steps, woman sees dream dissolve (5)
- Edmonds educator, famous announcer dies
- Mill Creek to appeal ruling on annexation
- Through the air, with the greatest of ease
- E-W thriving under new coach
- The path to citizenship
- EUUC puts on ‘Pants & Shoes’
- Wolfpack wins the ‘Battle'
- Lynnwood’s annexation plans OK’d
- Arlington's Cascade Valley Hospital celebrates expansion, national award and 100 years of service
- Business Licences Feb. 2010
- Technology tips for launching your own business
- Business Events Feb. 2010
- Tech Talk: No excuse today for going without a Web site
- State already raising fees and rates that restrict business growth
- Some legislators again targeting people’s initiative petition rights
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