Jump in Seattle Area Home Prices Indicate Signs of Rebounding Local Economy

Jump in Seattle Area Home Prices Indicate Signs of Rebounding Local Economy

By Jim Cline

The just-released home sales data indicates some continued improvement in the local housing market.  This is also a good sign of a broader recovery not only of the Seattle area economy, but possibly a statewide recovery.  As we recently reported, the Washington State Economic and Revenue Forecast Council continues to indicate that the Washington State economy is recovering at a somewhat stronger rate than the national economy.

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Latest Report of Forecast Council Identifies Mixed Economic Signals

Latest Report of Forecast Council Identifies Mixed Economic Signals

By Jim Cline

The March 2013 report of the Washington State Economic and Revenue Forecast Council  identifies the continued mixed economic signals from both the National and State economy. The key findings of the Council for the National economy included:

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February Washington State Employment Report Confirms Job Surge, Drop in Unemployment Rate

February Washington State Employment Report Confirms Job Surge, Drop in Unemployment Rate

By Christopher Casillas

The Washington State Employment Security Department released its monthly employment report for Feburary 2013 today, confirming that a recent trend in new jobs and a drop in the unemployment rate is no mirage, and may be gathering steam.  The headline numbers indicate that the State, particularly the Seattle-Bellevue-Everett region, is seeing a strong rebound in new jobs, specifically: [Read more…]