The phrase Dog Days of Summer is used in reference to the hottest days of the year; which typically here in the greater Seattle area would be right now....but I'm wearing a sweater today, go figure! August is also typically a slower time in our market, as many agents and would-be home buyers are squeezing in last minute vacations.
But if there is one thing we know about the ‘08 market is that there is nothing typical about it! August has been my busiest month of the entire year and judging from pending sales in Maple Valley since the first of August, I'm not the only one! As of 8/1/08, 30 Single Family homes have gone under contract.
Some of these sales will close in August, others in Sept or beyond. But I think it will be interesting to start tracking these numbers more closely from this point forward given that the Maple Valley market began it's downward trend last August.
Only time will tell if things are truly picking up or if this is an isolated flurry just prior to the start of school.
Colleen Fischesser is the Broker/Owner of RE/MAX Select in Maple Valley, WA. She has been successfully selling and marketing properties all over South King & North Pierce counties since 1990 but specializes in the Maple Valley Washington area. .She may be contacted directly at: 425-432-5400
Copyright 2008, All Rights Reserved Colleen Fischesser
This post has been published simultaneously on MovingMapleValley.com
<!-- -->
 |
|
|
Residential Real Estate Fanatic, Guru, Broker, Owner & generally Fun Person..if I do say so myself! Serving South King & North Pierce Counties since 1990 &Specializing in the greater Maple Valley Area
Maple Valley Market Activity at a Glance
Keeping the Greens ...Greens-Lake Wilderness Country Club Assessments Still Not Finalized
Maple Valley Bank Owned Property Report March '08
Have/Need Spring Clothes for Kids? GMVCC Bi-Annual Clothing Trade March 5th!
Maple Valley Neighborhood Spotlight...Welcome to Maple Woods!
Johnny Lazor Field -- Home of the Unassisted Triple Play!
South East King County Active Listing Snapshot by School District
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2008 ActiveRain Corp. All Rights Reserved
Colleen, I think your area is picking up nicely. Thanks for pointing this out. The bottom may be in the rear view mirror.
August seem somewhat atypical here in DC, too. Both the weather and the market.
Hey, I've been to Seattle in August and had to buy a sweater, so I believe you. I've been incredibly busy this month, and you're right, generally it's slower in August. What in the hell is going on?
Congrats on your sucess this month! I can't believe the weather either. Last week, 90s, today, cold and rainy. Crazy!
Colleen, I hope it all means good things for you and your market! Cheers!
Colleen, two doggie photos in a row....how cute....good news on the market eh! We are busy and I am swamped! I always love it and wish it would stay this way. Great news on your market!
Colleen - Glad to hear your market is improving. The record amount of rain we had here in Uxbridge Ontario helped slow our July market down but when August came around they just dug out the umbrellas as we are picking up
Nothing typical about it is an understatement! One day before closing today the lender decides the property isn't worth the money even when the appraisal proves it! Go figure. Do the banks want to take over our RE industry? It's looking more and more like it. Thanks Colleen.
Later in the rain~Deb
Deb's comment is scary. Like you, my August and September is far surpassing July, though prices aren't holding steady, there do seem to be more closings and at least as many as June for me.