Archive
Category: Market Update
Market Update
Housing market downturn “inevitable” with higher rates, but brokers find bright spots
A downturn in the housing market was inevitable given higher mortgage rates, acknowledged broker Dick Beeson, but he and others who commente...
Market Update
Demand keeping inventory in check as buyers compete over low inventory
Brokers with Northwest Multiple Listing Service reported their highest volume of closed sales last month (6,842) since September 2022’s to...
Market Update
Northwest MLS brokers report improving inventory and year-to-date gains in sales, prices
Home buyers around Washington state found the largest selection of listings last month since December. Both pending sales and closed sales r...
Market Update
“We’re moving in a positive direction” broker says in comments about April statistics from Northwest MLS
Market dynamics are influencing adjustments in housing prices, suggested an officer at Northwest Multiple Listing Service, but with “very ...
Market Update
Brokers around Washington state say spring market is “finally showing up”
Real estate brokers around Washington state say the market is moving in a positive direction with the spring market “finally showing up in...
Market Update
Brokers say housing activity seems to be trending in direction of a normal seasonal market
Open house traffic has been brisk around Western Washington, signaling the start of the spring market, suggested brokers at Northwest Multip...
Market Update
Northwest MLS brokers encouraged by declining mortgage rates with some saying pent-up demand is triggering multiple offers
Pending sales around Washington state reached the highest level since October and surged nearly 44% from December, according to the January ...
Market Update
For Northwest MLS brokers, December ends with a “whimper,” and 2022 was “a tale of two housing markets”
Last year was a tale of two housing markets, suggested broker Dean Rebhuhn in commenting on the latest statistics from Northwest Multiple Li...
Market Update
Despite seasonal slowdown, Northwest MLS brokers report pent-up demand for housing
November statistics from Northwest Multiple Listing Service surprised few brokers.
Market Update
Northwest MLS brokers say motivated home buyers turn to creative financing options
Brokers with NWMLS are reporting a return to some creative financing methods as motivated home buyers and sellers grapple with higher mortga...