Posted on February 3, 2012
At last, some positive real-estate news I can believe in.
Here is a chart showing many years of real-estate data distilled into clear, graphic terms: The long term real-estate growth line has been extended and overlaid with the Case-Shiller home-price index showing the price bubble. From this chart, it appears that prices are finally below where they would be had no sub-prime lending occurred.
Somehow, Buyers instinctively know this is a good time to buy Bainbridge Island real estate. There are more transactions in escrow for January 2012 than any January since 2007 (the height of the market).