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Rising interest rates, rising prices and rising consumer confidence are creating a “positive cyclone of home sales activity,” according to members of the Northwest Multiple Listing Service. A robust job market around the Greater Seattle area is also spurring sales. Member-brokers reported 9,565 pending sales during July for an increase of more than 13.6 percent…

Current market conditions  ̶  including rising mortgage rates, tight inventory and declining unemployment  ̶  are driving even more buyers into what is already an “extremely competitive housing market,” reported OB Jacobi, a member of the board of directors for Northwest Multiple Listing Service. New figures from the MLS show pending sales during June jumped 10.6…