Contributed by mm | November 13, 2003 07:12 PM
PST
Today National Association of Realtors reported that most metro areas show strong home price gains in Q3. (details here.) While 41 out of 124 metro areas advanced more than 10% in the quarter, Seattle area also reaped a solid 5.6% gain. Median sale prices of the region advanced from $261,500 in Q3 last year to $276,100 in the passing Q3. For my house which I purchased for $315,000 back in August, I just noticed that another identical house in my community was recently sold for $318,000, and another identical house on the same street is newly listed for $324,900. I'm not sure if my gambit during the transaction by boosting the price to $320,000 and asking for $5,000 seller's rebate has distorted what people see of the market. 
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House Price Trends, Back and Forward (February 16, 2004)
Recently I came across two articles about house price. First, BankRate published an article "How are home values in your neighborhood?" based on the latest quarterly survey from the onal Association of Realtors. The study shows that nation-wide, the median house price increased from $161,100 ... Read
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