June home sales are highest in Seattles King County since Oct. 2007

July 7, 2009 by admin  
Filed under Positive Real Estate

A new report provides the strongest evidence yet that buyers are starting to return to the local real-estate market.

The number of closed sales of single-family homes in King County in June was up 4 percent over June 2008 — the first year-over-year increase since the market peaked nearly two years ago, the Northwest Multiple Listing Service said Monday.

The county hasn’t recorded that many sales in a month since October 2007.

The statistics also suggest — and agents in the field confirm — that the new buyers aren’t just first-timers searching for homes at the lowest end of the price spectrum.

http://seattletimes.nwsource.com/html/realestate/2009426109_homesales07.html