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You are here: Home / Archives for Market Update

Market Update

Multiple offers for homes stimulated by constricted supply, favorable financing

NWMLS, Kirkland, WA, August 6, 2012 – Brokers around western Washington reported brisk activity during July with home buyers scrambling to take advantage of attractive financing while encountering shrinking inventory and, in some areas, rising prices. One broker remarked Continue Reading

Western WA housing market energized and showing signs of definite turnaround

NWMLS, KIRKLAND, WA. Northwest Multiple Listing Service brokers reported double-digit gains in both pending and closed sales during April compared to a year ago, but the most eye-catching number may pertain to prices. For the first time in more than four years (since January Continue Reading

Voters Strongly Value Homeownership, Oppose Policies that Might Stifle It

By an overwhelming margin, American voters strongly value homeownership and believe tax incentives are appropriate and reasonable. Three-fourths of voters who took part in a new nationwide survey affirmed their belief in homeownership, saying owning a home is the best Continue Reading

Housing market “healing itself,” numbers are “astoundingly good”

NWMLS KIRKLAND, WA. (Feb. 6, 2012) – Pending sales may not appear to be much higher than 2011 (up 13.7 percent in January), but the numbers are "astoundingly good," considering such factors as harsh weather and the tax credits that boosted sales at this time a year ago, said Continue Reading

“Healthy marketplaces” emerging with shrinking inventory, favorable financing

Home sales finished the year much stronger than they started, with pending sales for the fourth quarter outgaining the first quarter by more than 3,000 transactions for a 21 percent increase, according to new figures from Northwest Multiple Listing Service. A Continue Reading

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