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Category: Monthly Market Update
Monthly 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 March.” Newly-released statistics from Northwest Multiple Listing Service show declines in some key metrics for March compared to 12 months ago, but steady gains when compared to [..]
Monthly 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 Multiple Listing Service. They noted softening prices are enticing some would-be buyers, while others remain on the sidelines hoping fluctuating mortgage rates will stabilize or decline. “It’s a very interesting [..]
Monthly 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 report from Northwest Multiple Listing Service. Last month’s 5,776 mutually accepted offers were down about 9% from a year ago, but brokers seemed encouraged by the “favorable spike.” Prices [..]
Monthly 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 Listing Service.
Monthly Market Update
Despite seasonal slowdown, Northwest MLS brokers report pent-up demand for housing
November statistics from Northwest Multiple Listing Service surprised few brokers.
Monthly 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 mortgage rates.
Monthly 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 in most counties are still rising.
Monthly 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 year ago and more than three times the offerings at the end of the first quarter.
Monthly 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 suggest "all parties involved in a transaction today have to recalibrate."
Monthly 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. Compared to a year ago, Northwest MLS (NWMLS) brokers reported a healthy jump in inventory, double-digit drops in both pending and closed sales, and the smallest year-over-year (YOY) increase in [..]