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Housing Market

January housing activity slow but with some encouraging indicators

By jnaegeli / February 9, 2024 / Comments Off on January housing activity slow but with some encouraging indicators

Back to News Center In keeping with seasonal patterns, real estate activity was slow during January, but there were some encouraging indicators according to the latest market summary from Northwest Multiple Listing Service (NWMLS). For the 26 counties in the report, the volume of closed sales rose 3% year-over-year (YOY),…

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Housing Metrics Show Signs of Rebound

By jnaegeli / January 8, 2024 / Comments Off on Housing Metrics Show Signs of Rebound

Back to News Center Would-be homebuyers started moving off the sidelines as 2023 came to a close, spurred by downward-trending mortgage rates and an uptick in new listings. Data compiled by Redfin showed several positive indicators of buyer demand and activity. Highlights included: Lowest weekly average 30-year fixed mortgage rate…

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