Our real estate market is finally shifting gears. We are down to just 5 months worth of inventory in the market. That is in comparision to the 9-10 months that we have been dealing with since the start of 2008.
For all of King County our inventory levels are down 15%. Prices have not started to go up but most price points either have stabilized or showing strong signs of stabilizing soon.
This is welcome relief to real estate agents as well as Sellers. But if your a Buyer you must shift into the fast lane and be willing to act fast if you want the property that you have your eye on.
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