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Buyer hesitancy sidelines some while others compete for scarce housing inventory

KIRKLAND, Washington (November 4, 2021) - Northwest Multiple Listing Service brokers are detecting indecisiveness by some buyers who are getting mixed "work from home" messages from their employers. The hesitancy, coupled with cooler, wetter weather and increases in mortgage rates were likely factors in slower listing and sales activity during October.

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Northwest MLS brokers report gains in new listings, closed sales, prices versus year ago

KIRKLAND, Washington (October 6, 2021) - September's housing market remained "very active" to "frenzied" around Washington state with brokers reporting year-over-year (YOY) gains in new listings, closed sales, and prices. Brokers with Northwest Multiple Listing Service also detected growing stability in the condominium market.

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Northwest MLS brokers say August housing activity follows patterns of seasonal slowing

KIRKLAND, Washington (September 7, 2021) - August typically brings a dip in housing activity and this year was no different, according to representatives from Northwest Multiple Listing Service when commenting on newly-released statistics.

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Home buyers are finding some relief, but Northwest MLS brokers say it is temporary

KIRKLAND, Washington (August 5, 2021) - Competition for homes eased slightly in July across much of Washington state, but brokers from Northwest Multiple Listing Service expect the respite to be short-lived, with inventory still tight and prices still climbing.

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Market offers hope for homebuyers, but Northwest MLS brokers say it may be temporary

KIRKLAND, Washington (July 7, 2021) - Homebuyers may find some good news in the latest report from Northwest Multiple Listing Service (NWMLS).

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May marked a month of new records for some Northwest MLS market indicators

KIRKLAND, Washington (June 7, 2021) - May was a month of record-setting highs and lows for some key housing market indicators tracked by Northwest Multiple Listing Service.

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Brokers detect good news for home buyers, citing gains in listings and moderating prices

KIRKLAND, Washington (May 5, 2021) - Finally, some good news for home buyers! Sizeable increases in new listings compared to a year ago and reports of moderating prices "might mean we are seeing some relief for buyers," suggested John Deely, a board member at Northwest Multiple Listing Service.

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Northwest MLS brokers say bidding wars, escalating prices, and buyer fatigue are widespread

KIRKLAND, Washington (April 7, 2021) - Brokers with Northwest Multiple Listing Service (NWMLS) added 10,562 new listings to inventory during March -- the highest volume since September when they added 11,210 properties to the selection. Even so, demand continued to outstrip supply, keeping inventory depleted.

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Housing market stays hot despite some "lousy" February weather

KIRKLAND, Washington (March 4, 2021) - Housing activity during February remained hot around much of Washington state despite significant accumulation of lowland snow over the Valentine's Day weekend, according to latest statistical report from the Northwest Multiple Listing Service.

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Pandemic presents new option for home buyers as market "kept foot firmly on the accelerator"

KIRKLAND, Washington (February 4, 2021) - Home buyers who have been precluded from entering Puget Sound's competitive market may want to consider condominiums as an option, according to industry experts who commented on the latest housing statistics from Northwest Multiple Listing Service.

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"Extraordinary market conditions" sustain strong home sales around Washington state during holidays

KIRKLAND, Washington (January 6, 2021) - "Insatiable buyer demand" is keeping inventory scarce as house hunters try to outmaneuver and outbid each other, according to reports from Northwest Multiple Listing Service (NWMLS). Its statistical summary for December showed strong activity throughout the holiday season with double-digit increases in new listings, pending sales, closed sales, and prices.

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