Monday March 23, the Seattle Times reported on the largest monthly jump in home sales in the last 5 years.  This news was a factor in the near 500 point jump in the Dow Jones Industrial Average; another bright spot in business news.

Just as I remind us all to take negative national real estate news with a grain of salt, I also must warn the same for positive news.  Real Estate is local.  The Seatte/Bellevue area has been behind the country in the downswing  of the real estate markets over the last few years.  We are also behind the upswing we are starting to see in various markets.

I do see the positive national news as an indicator that things are starting to look up.  Although we may be a bit behind in the recovery; I trust we will follow closely.