06 November 2009

Home sales leap -- with an exception

The Seattle Times reported this morning (pp. A12 & A13) that home sales in King & Snohomish Counties for October leapt to a new high for the year.   With an exception or two.  The area closest to Sea-Tac Airport showed a decline in sales.  

A Burien real-estate professional is quoted as thinking that maybe buyers were looking for neighborhoods that are "a little more upscale".  More upscale?  Is Skyway "more upscale" than Normandy Park?  May we suggest that perhaps it's the new noise from the third runway that is continuing to depress real-estate sales & values in the Highline area?

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