In Seattle, the sun is shining on homeowners. Time on the market is down, price increases are in the double digits, and inventory is in scarce supply. Upper West Side, baby.
· Home cool-down? Not in this market [Seattle Times]
In Boston, everbody and their brothah is foreclosing. ForeclosuresMass.com reports a 95% increase in Suffolk County in August. Uh, go Sox!
· Hub foreclosures go 'through the roof' [Boston Herald]
Finally, in Dallas, there's "a feeding frenzy for lots," with builders rushing to teardown existing homes and erect spec houses in their place. Nobody knows who's going to pay for these new homes, but, hey, at least they'll be bigger!
· Builders Scurry for Teardowns [Dallas Morning News]