Chief
07-18-2007, 05:31 PM
http://www.columbian.com/news/localNews/07172007news169188.cfm
Tuesday, July 17, 2007
BY CAMI JONER, Columbian staff writer
Clark County home values showed signs of softening in June for the first time in more than five years with a 2.8 percent decline in home prices from a year ago.
At $259,900, the median price of all new and existing homes sold here in June was lower than the median price of $267,500 for homes sold during the same month last year, according to "benchmarks," a service of Riley & Marks appraisers in Vancouver. The median price is the point at which half the prices are higher and half are lower.
"I believe it's the first month this year that there has been a significant change," said Mark Cannucci, head of sales and marketing for the "benchmarks" service.
Total home sales were also lower last month than in 2006, dropping by 21.9 percent. A total of 813 new and pre-owned houses were sold, down from 1,041 home sales in June last year.
**SCHNIPP**
yah.
Anyone care to wager if the Clark County Assessor's Office got this memo??
Want to place a wager on how high the average reassessment in the County goes this year??
Developing...
Tuesday, July 17, 2007
BY CAMI JONER, Columbian staff writer
Clark County home values showed signs of softening in June for the first time in more than five years with a 2.8 percent decline in home prices from a year ago.
At $259,900, the median price of all new and existing homes sold here in June was lower than the median price of $267,500 for homes sold during the same month last year, according to "benchmarks," a service of Riley & Marks appraisers in Vancouver. The median price is the point at which half the prices are higher and half are lower.
"I believe it's the first month this year that there has been a significant change," said Mark Cannucci, head of sales and marketing for the "benchmarks" service.
Total home sales were also lower last month than in 2006, dropping by 21.9 percent. A total of 813 new and pre-owned houses were sold, down from 1,041 home sales in June last year.
**SCHNIPP**
yah.
Anyone care to wager if the Clark County Assessor's Office got this memo??
Want to place a wager on how high the average reassessment in the County goes this year??
Developing...