Are Home Sales Dropping Too Fast?

It’s well known that things slow down tremendously in the winter… But none the less there have been some rumblings that things are slowing down too fast and that we might be approaching “bubble territory”. Using some pending home sale data from the NW Reporter, I put together the following chart:
4-County Home Sale Chart

It looks like we’re in a pretty typical October slowdown to me… Seattle homeowners: I’d be curious to know if you are concerned when you see this chart?

2 thoughts on “Are Home Sales Dropping Too Fast?

  1. Pingback: Seattle’s Rain City Real Estate Guide » The Long Winter

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