Puyallup Real Estate Now

Posted by dennis endres

The Real Estate market is not as bleek as some would have you believe.

The interest rates are still very good. Homes are still going up in value. True, not as fast as 2003-2004. But is home ownership still a good idea?? I say yes it is a great idea!! Keep in mind there are some rules. You can’t buy a house today and sell tomorrow and expect to make money. Homes now stay on the market an average of 80 days.

Here are some facts about homes in our area:

Year to Date…April 2006 vs April 2007 Pierce County

A couple spots in Pierce County sold more homes than last year.

The majority sold quite a bit less.

The figures County wide…..are 21% less homes sold this year vs last year.

4499 homes sold in 2006 ytd

3562 homes sold in 2007 ytd

The average home price, however, went up an average of 10% this year.

Average price in 2006 ytd….$292,020

Average price in 2007 ytd….$322,070

So the good news is if you have a home….keep it for a while, it’ll make you money.

If you don’t have a home……while the market’s this way, Buy a home!

This entry was posted on Wednesday, May 16th, 2007 at 7:45 pm and is filed under Endres, Puyallup, Puyallup Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Puyallup Real Estate Now”

  1. The Greater Seattle Undressed Network » Blog Archive » Take A Look At Puyallup says:
    May 17th, 2007 at 12:35 pm

    [...] Puyallup Real Estate Now [...]

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