Category: Market Update

March’s market activity showed some expected seasonal growth as we move into spring, but an imbalance still lingers between buyers and sel...

Traditionally a quiet month, February’s market activity reflected consumer sentiment in two important areas: affordability and available i...

Traditionally a quieter month in the winter season, January’s activity continued the year-over-year growth trends observed in market activ...

Despite hopes among potential home buyers and sellers, as well as economists’ predictions, the Federal Reserve Bank’s three interest rat...

The seasonal slowdown of the real estate market has begun, as evidenced by the month-over-month decrease of active listings.

Closed sales increased by over 11% month-over-month, driven by a brief downturn in mortgage rates and a boost in buyer confidence amid hopes...

The further reduction of interest rates in September by the Federal Reserve provided a positive end-of-the-summer boost to the market.

Mortgage rates are at their lowest level since March 2023 (6.35% for a 30-year fixed rate mortgage as of August 29th).

High mortgage interest rates continue to be a drag on home sales, discouraging both potential buyers facing high-rate mortgages and would-be...

Washington counties covered by NWMLS continue to follow seasonal trends with respect to inventory levels yet divert from typical patterns wi...