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Category: Market Update

Market Update

Brokers say home buyers “finally get some relief” with return to “more traditional market”

The report on September activity shows active listings are nearly doubled from a year ago, pending sales declined more than 31%, but prices ...
Market Update

Northwest MLS report shows “typical August,” and return to more “normalized conditions”

In a report summarizing August activity, Northwest MLS figures showed a continued buildup of inventory – nearly double the selection of a ...
Market Update

Brokers say all parties in housing transactions need to recalibrate during shifting market

New statistics from Northwest Multiple Listing Service confirm reports of a shifting housing market, prompting one industry leader to sugges...
Market Update

Brokers, home buyers welcome growing inventory and market returning to “some sense of normalcy”

Housing statistics from Northwest Multiple Listing Service for June show signs of a shifting market, creating opportunities for some buyers....
Market Update

Western Washington housing market “more balanced, and not so crazy – and that’s a good thing”

"Home sellers really need to re-think their expectations," suggested Mike Larson, a member of the board of directors at Northwest Multiple L...
Market Update

Improving housing inventory, rising costs may bring some “normalcy” to Western Washington market

Rising interest rates and inflation, coupled with slight improvement in inventory, may bring some normalcy to Western Washington's frenzied ...
Market Update

Rising interest rates not yet slowing home sales or “too concerning” for NWMLS officials

Rising mortgage rates are not yet slowing home sales in most areas across Washington state, according to several brokers who commented on th...
Market Update

Multiple offers “the norm” for home buyers, but may ease with uptick in listings

Multiple offer situations are the norm for today's home buyers, but some brokers with Northwest Multiple Listing Service suggest February's ...
Market Update

Northwest MLS brokers see signs of busy spring market despite slow January

A frigid first week of January, surges in coronavirus cases, and depleted inventory were among factors brokers from Northwest Multiple Listi...
Market Update

Northwest MLS brokers end 2021 with depleted inventory, rising prices, weather disruptions

KIRKLAND, Washington (January 6, 2022) – Severe shortages of inventory, record-low temperatures and snow restrained December housing a...

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