NEWS & INSIGHTS

What’s Happening

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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....
Press Release

Northwest Multiple Listing Service again updates rules and forms to enhance transparency and flexibility for brokers and consumers

Northwest Multiple Listing Service (“NWMLS”), building on updates implemented in 2019, announced additional revisions to its rul...
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 ...
Press Release

Northwest Multiple Listing Service transitions to OneHome platform to enhance home searching, buying, and selling process

Listings in the Northwest Multiple Listing Service database attracted more than 3.7 million online views during March. The activity reflects...
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...
Press Release

Bellevue broker tapped to chair Northwest MLS Board

Stuart Heath, owner of Bellmark Real Estate in Bellevue, was selected 2022 chairperson of the board of directors at Northwest Multiple Listi...
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...
Press Release

Northwest MLS brokers tally 107,354 sales during 2021 valued at more than $75 billion

Northwest Multiple Listing Service member-brokers reported 107,354 closed sales during 2021. That marked the first time the annual sales vol...
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