Puget Sound Real Estate Transactions Experience A Record High

Coldwell Banker Danforth Real Estate Reports a Record Setting Week in Home Sales
By: Lori Jerome
 
March 23, 2012 - PRLog -- National news sources have speculated that the worst of the housing marketing recession may be over. The recovering job market, historic low interest rates, and a shortage of home inventories are actually creating a seller's market.
Last week Coldwell Banker Danforth put a historical record of new pending homes into escrow. Coldwell Banker Danforth had also experienced record sales last month. Their previous best February was 2006 at the height of the last upswing.  In February of 2012, Coldwell Banker Danforth had beat their 2006 gross sales by 50%, reaching a new record for pending sales since the company began 20 years ago.

“Last week was our busiest week ever at CBD with 80 new purchase and sale agreements!!” says David Danforth President and Designated Broker of Coldwell Banker Danforth.  

“If you’ve been waiting for the real estate to heat up before you jump into the Puget Sound real estate market, now is a good time to make your move”, stated Danforth, “many buyers are pre-approved and we are seeing multiple offers on homes in many neighborhoods.  It is an outstanding time to buy if you are looking to upgrade from your current home, if you are a first time buyer or if you are an investor looking to diversify out of the stock market.  Interest rates are still very low and prices haven’t been this good for years.”  

About Coldwell Banker Danforth
Founded in October 1993, Coldwell Banker Danforth’s mission is to promote a culture for recruiting and retaining quality real estate agents by offering the industry’s best value proposition with a focus on technology and broker support. Coldwell Banker Danforth’s unique 100% commission sales platform allows their broker’s to leverage a well-known brand name and high tech tools allowing them to concentrate on giving their customers a higher level of customer service. Total broker support is our goal. Coldwell Banker Danforth is ranked in the top 20 of 3200 Coldwell Banker real estate franchises in North America. Coldwell Banker Danforth is a privately held company and has brokers that service the entire Puget Sound Region.

If you’d like more information about this topic, or to schedule an interview with Dave Danforth, please call Dave Danforth (206) 212-2200 at or email him at davedanforth@cbdanforth.com.

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Founded in October 1993, Coldwell Banker Danforth’s mission is to promote a culture for recruiting and retaining quality real estate agents by offering the industry’s best value proposition with a focus on technology and broker support. Coldwell Banker Danforth’s unique 100% commission sales platform allows their broker’s to leverage a well-known brand name and high tech tools allowing them to concentrate on giving their customers a higher level of customer service. Total broker support is our goal. Coldwell Banker Danforth is ranked in the top 20 of 3200 Coldwell Banker real estate franchises in North America. Coldwell Banker Danforth is a privately held company and has brokers that service the entire Puget Sound Region.
End
Source:Lori Jerome
Email:***@cbdanforth.com Email Verified
Zip:98003
Tags:Real Estate, Home Loans, Puget Sound Real Estate, Seattle Real Estate, Houses For Sale Seattle, Real Estate Broker News
Industry:Real Estate
Location:Seattle - Washington - United States
Subject:Earnings
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