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Category: Monthly Market Update
Monthly Market Update
Northwest MLS report for March shows initial disruptions from coronavirus pandemic
KIRKLAND, Washington (April 6, 2020) – Like many sectors of the economy, residential real estate is experiencing disruption and uncertainty just when the vigorous spring market was ramping up. Not surprisingly, the March activity report from Northwest Multiple Listing Service, which covers 23 counties across Washington state, was mixed as [..]
Monthly Market Update
NWMLS brokers report brisk activity, noting “too early to tell” if coronavirus will soften sales
KIRKLAND, Washington (March 5, 2020) – “We’re entering prime time for the real estate market, and more listings are on the way,” stated industry veteran J. Lennox Scott, as he reviewed the latest statistical report from Northwest Multiple Listing Service. MLS figures for February show year-over-year (YOY) gains in new [..]
Monthly Market Update
Home Buyers in Western Washington “Hit the Ground Running” in January
KIRKLAND, Washington (February 6, 2020) – “All indicators point to a vigorous spring market,” suggested broker Dean Rebhuhn when reviewing just-released statistics from Northwest Multiple Listing Service. The report covering 23 counties shows pending sales outgained new listings, record-low inventory that’s down 33% from a year ago, and double-digit price [..]
Monthly Market Update
Eager home buyers were plentiful in December but their choices were meager
KIRKLAND, Washington (January 6, 2020) – “The buyers are out there and are showing up at open houses and making multiple offers on new listings,” was how one industry leader summarized December’s housing activity involving members of the Northwest Multiple Listing Service. Frank Wilson, Kitsap regional manager and branch managing [..]