Seattle One of Top Ten Recovering Areas

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According to MarketWatch
of the Wall Street Journal, the the Seattle-Bellevue-Everett area is one of the 10 fastest recovering areas in the country.

Housing inventory decreased 42.9% in the second quarter, compared with a year ago, and median list prices increased by 10.85% in the Seattle area. Unemployment in the area is 7.8%, lower than the national rate. And homes are spending less time on the market, with the year-over-year age of inventory down 42.86% in the second quarter.