Lauren Ponder

Dr. Yun stated that sales have increased for two straight years and inventory is falling. He says that’s a good indicator that the housing market is finding an equilibrium. “By this time next year, provided there is a continuing job addition in the economy, the housing market is set to return to healthy status,” said Yun.

Dr. Yun says that improvement could be derailed if two things happen. First, he says new home construction needs to improve. He says current building is at a stand still because banks aren’t lending to builders. He says the new home inventory is at a 40 year low. He says the lack of inventory could cause a housing shortage and prices to spike.  Second, Yun says Washington lawmakers are considering a proposal to raise required down payments for some home buyers to 20 percent. He says the proposal is intended to avoid another housing bubble. Yun says the legislation could stall or damage the housing market.

Please visit the Channel 14 website to see the full coverage of this story.

Video includes Helen Adams Realty’s Lauren Ponder working with a buyer.

We are pleased to announce that John Summers has joined Helen Adams Realty as Relocation Manager.  John has over 20 years of experience in corporate relocation, sales and marketing. Some highlights from John’s past career include:  Director of Business Development for Leger Corporation, Referral Manager for Bissell Hayes (now Cottingham Chalk Bissell Hayes), and Business Development Manager for Allen Tate.

• 20+ years successful experience in corporate and individual sales and marketing
• Maintained and developed clients in the construction industry
• Network Referral Production Leader, 1998-2007
• Network Referral Closing Leader, 1998-2007
• Established company wide and office promotions for referral production
• Facilitated website inquiries by assigning leads and monitoring progress
• Held training workshops for network brokers at national conferences
• Experienced in major account management and group move activity

Contact John Summers:  jsummers@helenadamsrealty.com / 704.944.9237