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Category: Market Update

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...
Market Update

Northwest MLS brokers not seeing much seasonal slowdown, say buyers still need to be bold

KIRKLAND, Washington (December 6, 2021) – Historically soggy weather and the onset of holidays did not deter thousands of buyers and selle...
Market Update

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 g...
Market Update

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...
Market Update

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...
Market Update

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...
Market Update

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 (NWM...

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