While previewing homes for a listing appointment in Snoqualmie Ridge, I was able to chat with a site agent for Murray Franklyn; a well-respected local builder.  The site agent did state that listings in the neighborhood were down by about 30% and that she had seen several offers for her inventory over the last 2 weeks.

Quadrant Homes, which specializes in affordable homes and is the state's top volume homebuilder; increased local production by 50% last month.  They are completing 3 homes a day now, but still down from a high of 7 per day in 2007.  That's a move in the right direction, for sure.

National new home sales production rose 11%, as reported yesterday by the Department of Commerce.

July 28, 2009