“Home sales in South Sound remain sluggish”
“Home sales during October throughout the South Sound continued to fall when compared to a year earlier, according to the Northwest Multiple Listing Service report….
Thurston County recorded 229 closed sales during October, down from 290 a year earlier and 247 during September. The median price fell from $225,172 during October 2009 to $224,000 last month,” quoting the Business Examiner.
As Yelm is involved in their budget process, they should be aware that again this year, they will get less property taxes, less home permit fees & less home sales revenue – even more so since so many real estate agents report so many not buying here because of the high water connection fees, water rate increases, annual tax increases, and a city government that does not listen to their citizens.
The city should tighten the belts on their budget.