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Category: Monthly Market Update
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 [..]
Monthly 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 Listing Service (NWMLS) when commenting on statistics summarizing May activity.
Monthly 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 housing market suggest some brokers with Northwest Multiple Listing Service.
Monthly 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 the latest statistical report from Northwest Multiple Listing Service.
Monthly 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 improving inventory and a slowing pace of price increases may ease some of the competitive pressures.
Monthly 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 Listing Service cited for last month's slower than year-ago sales.