Sarah "Krebsy" Adams Looks at 2009

Sales in December were up from one year ago, and four-county sales ended up 21 percent higher than 2008, according to the latest NWMLS numbers just released. Shrinking inventory, the extension of the first-time home buyer tax credit and favorable interest rates are among the factors many brokers believe will sustain good sales activity in 2010. Inventory is down 15.6 percent from a year ago, with active listings in the four county area down 18 percent. NWMLS director Dick Beeson, the owner/broker of Windermere/Commencement Bay, observed “The distance seems great, but the direction is a good one.”

Bill on Marketing

I know Dubai is in some deep debt trouble, but who cares? It's a developer’s dream, and I would love to visit there. Who in our vast audience has been there, by the way? Drop me an email about it, if you have. Anyway, the world’s tallest tower opened on January 4th of this year. It’s 160 floors and is named Burj Dubai. It can be seen from 39 miles away, contains 57 lifts, and features 1,044 apartments, a hotel and 49 floors of office space. Construction costs were north of one billion dollars. P.S. In case anybody added up the 10-year numbers above in Sarah’s chart, they total 680,673 commissions, er, I mean, home sales.

Email based communication avoids unnecessary spending on paper and helps to preserve our ever depleting natural resources. We do not wish to share our valuable information with those who are not interested. If you do not want to receive this publication from us in the future, you may choose to unsubscribe below.