KIRKLAND, Washington (Oct. 5, 2016) – It’s still a seller’s market, but some leaders from Northwest Multiple Listing Service think the imbalance may be easing in some areas, pointing to a slower pace of sales and moderating prices. Others aren’t convinced, citing mixed indicators. Northwest MLS statistics summarizing September activity… Read more
KIRKLAND, Washington (Sept. 7, 2016) – Home sales in Western Washington continued to outpace year-ago activity, but member-brokers at Northwest Multiple Listing Service say persistent inventory shortages are constraining activity. Despite a sparse selection in many areas, an expected summer slowdown, and “appraisal conundrums,” Northwest MLS members notched 11,898 pending… Read more
KIRKLAND, Washington (Aug.4, 2016) – Home prices are still rising but the supply of homes is improving, prompting brokers to suggest some relief is in sight for would-be buyers. “We might actually be starting to move very slowly back toward a more balanced market,” said OB Jacobi, president of Windermere… Read more
KIRKLAND, Washington (July 6, 2016) Home sales around Western Washington continued at a torrid pace during June, but a 10 percent year-over-year increase in new listings has some brokers with Northwest Multiple Listing Service suggesting a little relief may be emerging. In the meantime, “We have a long way to… Read more
KIRKLAND, Washington (June 6, 2016) – Just as expected, the month of May had an uptick in new listings (12,272), but just as many buyers (12,275) made offers on homes during the month to keep inventory depleted, according to the latest figures from Northwest Multiple Listing Service. “Inventory is being… Read more
KIRKLAND, Washington (May 5, 2016) – Northwest Multiple Listing Service reported strong gains in the volume of new listings its members added during April (up 13.6 percent from March), but inventory remained well below the supply needed for a more balanced market. MLS leaders say the lopsided market is prompting… Read more
KIRKLAND, Washington (April 4, 2016) – Traffic isn’t the only thing that is gridlocked around many Puget Sound communities. “We’re experiencing gridlock in the Puget Sound housing market,” suggested J. Lennox Scott in reaction to the latest statistics from Northwest Multiple Listing Service. MLS figures show pending sales across the… Read more
KIRKLAND, Washington (February 4, 2016) – Depleted inventory is contributing to “overwhelming” traffic at open houses, shifts in strategies for both buyers and sellers, and escalating prices, according to officials with the Northwest Multiple Listing Service. Dick Beeson, a former chairman of the MLS board, said the lack of inventory… Read more
BELLEVUE, Wash. (Jan. 11, 2016) – REALTORS® voted to unanimously support the Educational Program and Operations Replacement Levy for the Auburn School District. As part of the endorsement, members of the Seattle King County REALTORS® pledged assistance for a “get-out-the-vote” campaign for the Feb. 9 election. The funding request, for four years, replaces… Read more
BELLEVUE, Washington. (Dec. 23, 2015) – Twelve individuals, including ten members of Seattle King County REALTORS® (SKCR), shared the spotlight for special achievements at an association event held in December. The occasion also featured the installation of the organization’s 2016 leaders and fundraising for a scholarship program to support outstanding… Read more