Archive
Category: Market Update
Market Update
Will Increases in Inventory and Lower Mortgage Rates Ease Affordability?
Mortgage rates are at their lowest level since March 2023 (6.35% for a 30-year fixed rate mortgage as of August 29th).
Market Update
High Interest Rates Still a Problem, but Markets Are Improving
High mortgage interest rates continue to be a drag on home sales, discouraging both potential buyers facing high-rate mortgages and would-be...
Market Update
Increased inventory leads the way to market stabilization
Washington counties covered by NWMLS continue to follow seasonal trends with respect to inventory levels yet divert from typical patterns wi...
Market Update
While interest rates remain high, an increase in inventory and closed sales transactions signal that buyers and sellers are adjusting
The real estate market has continued to pick up in accordance with typical seasonal patterns, with further increases in activity expected as...
Market Update
Market activity increases despite “constrained” mortgage rate impacts
The real estate market has begun to pick up consistent with typical seasonal patterns, with further increases in activity expected over the ...
Market Update
Decreased mortgage rates have yet to influence the market
Interest rates have decreased by 0.15% over the past month to 6.79%, and while the rate decrease is encouraging, it has yet to have a signif...
Market Update
Cautious market optimism as seasonal changes take shape
The real estate market has remained slow in accordance with typical seasonal patterns, with expected increases in activity as winter transit...
Market Update
Prices and number of sales increased despite reduced inventory
Real estate market activity has remained slow in accordance with typical seasonal patterns.
Market Update
Signs of optimism despite reduced inventory
The new year kicks off with some hopeful signs for buyers within the real estate market.
Market Update
Reduced inventory motivates increased home prices
A slight decrease in interest rates has raised cautious optimism.