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You are here: Home / Archives for Market Update

Market Update

“Typical summer slowdow” may mean opportunities for frustrated house hunters

Market Snapshot Infographic KIRKLAND, Washington (July 6, 2017) - For frustrated house hunters, there's hope: the volume of new listings added to inventory during June (13,658) was the highest total for any single month since May 2008 (14,176 new listings), according to the Continue Reading

Brokers suggest improving inventory may mean “season of opportunity” for weary house hunters

Market Snapshot Infographic KIRKLAND, Washington (June 6, 2017) - Would-be buyers who have been shut out of the real estate market should test the "real estate waters" during the summer months suggests one industry leader. "Summer might provide some competitive Continue Reading

Shrinking inventory putting “stranglehold” on sales around Western Washington

KIRKLAND, Washington (May 4, 2017) - "Frustrating" is how brokers are summarizing the mood of buyers, brokers - and industry professionals - during the current housing market frenzy. New statistics from Northwest Multiple Listing Service show declines in inventory and sales, Continue Reading

NWMLS brokers report 50 percent spike in new listings

Brisk sales prompt predictions of "frenzied spring" KIRKLAND, Washington (April 6, 2017) - Northwest Multiple Listing Service brokers expected an uptick in the number of new listings during March, and that expectation was met with a significant gain - up more than 50 Continue Reading

Housing Inventory Reaches Record Low, But Brokers Expect Spring Bounce

KIRKLAND (March 6, 2017) - Home buyers are in a spring mood, but sellers are still hibernating, suggested one broker while commenting about the latest statistics from Northwest Multiple Listing Service. Figures for February and feedback from brokers indicate record-low Continue Reading

Brokers report “high velocity” market, but with hope for homebuyers

KIRKLAND, Washington (Feb. 6, 2017) - Western Washington's "high velocity" market continued during January with the number of pending sales (7,745) outgaining the number of new listings (6,507), according to new figures from Northwest Multiple Listing Service. "Properties Continue Reading

Home buyer frustration continues due to limited selection; ongoing increases in prices

KIRKLAND, Washington (Jan. 5, 2017) - Like many other months of 2016, December was frustrating for buyers across Washington state as they encountered depleted inventory and rising prices. Post-election hikes in interest rates - with more on the horizon -- added to would-be Continue Reading

Real Estate Brokers Expect No Holiday Breather

  Sales Stay Strong and Supplies Remain Low KIRKLAND, Washington (Dec. 5, 2016) - Pending sales of homes hit an all-time high for the month of November according to the latest statistics from Northwest Multiple Listing Service. The report covering 23 counties Continue Reading

Home sales and prices still climbing around Puget Sound, but brokers expect slowdown

KIRKLAND, Washington (Nov. 4, 2016) - Home sales around Western Washington outgained new listings again in October, fueling competition for scarce inventory and pushing prices higher. Some seasonal slowdown is still expected - and the Nov. 8 elections may be in play as well, Continue Reading

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