Tag: Market Update
NWMLS July 2013 Report – Home Sales & Prices Rising
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…
NWMLS June 2013 Report – Market Remains Competitive
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…
May 2013 Market Report – NWMLS
Well-priced homes continue to draw multiple offers and sell at a brisk pace around Western Washington as buyers react to increases in interest rates and asking prices. Northwest Multiple Listing Service reported double-digit gains in several key indicators it tracks for the 21 counties in its service area. Compared to a year ago, the number…
December 2012 Market Report – NWMLS
Northwest MLS Tallies Busy December as First-time Buyers, Investors Return KIRKLAND, Wash. (January 7, 2013) – Home buyers around western Washington made offers on 5,314 residences during December, outnumbering the 3,857 owners who listed their homes for sale. The imbalance helped push up prices and further thin already depleted inventory. While the expected seasonal slowdown…
NWMLS: September 2011 Market Report
Northwest MLS brokers say September activity reflects “healthy activity, positive trends” With inventory at its lowest level since May, members of Northwest Multiple Listing Service report “stiff competition for move-in ready homes” in some neighborhoods. Other key indicators in the latest statistical report from Northwest Multiple Listing Service show upticks in sales and some leveling…
NWMLS: August 2011 Market Update
Northwest MLS brokers notch this year’s best monthly tally of sales during August KIRKLAND, WA, September 6, 2011. August now ranks as this year’s best month for both pending and closed sales around Washington state, according to the latest report from Northwest Multiple Listing Service. Last month’s volume of pending sales was the highest number…
What Buyer’s Market?
We’ve all heard news reports that Seattle housing market is in the dumps, with a glut of inventory and falling prices. And, there’s truth to that…to a degree. Unfortunately, whenever those housing report are mentioned, they cover a rather large geographic area. Generally, most of the reports include stats from the Seattle Metropolitan Statistical Area…meaning…
