Current Period 01-01-08 through 12-31-2008 these are just residential SOLDS in the LC Valley
total SOLD: 720 total volume 126,698,706 average price $175,970
One Year Ago SOLD: 976 153,569,078 $157,345
Increase/(Decrease) (256) -26% volume(26,870,372) -17% $18,625 12%
Interest Rates are at a all time low .... Paying rent on property owned by others is not an attractive proposal. Even if you, as a new home owners understand that you may not realize high equity gains for some years, owning a home offers a quality of life that we Americans desire. We are an independent society and having control of our home drives many of us home buyers. Let's talk about owning a home!
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Active Real Estate Broker over 21 years. Broker/Owner Rock-n-Roll Realty in Lewiston ID - Clarkston WA. Selling the Valley! Havin' Fun! 'One Dream! One Team!' ON call anytime: 208.413.0508~ really!
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Patty, I am hear to review your post and I see that the drop in sales is relative on both sides of the Cascades. I hope your business remains strong...
Patty, I am not trying to down play the RE down turn, but a 20+/- per cent volume and 20+/- down turn in price is not so bad.Relatively speaking we have pockets of 30-40 down in price & volume.
I agree with Endre. Good information about your market. Use it to be positive!