It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). To kick things off, here’s an excerpt from the NWMLS press release: Northwest MLS…
Tag: NWMLS
NWMLS: Sales Slip, Inventory Increases, Prices Gain
June market stats were published by the NWMLS this afternoon. Here’s a snippet from their press release: Northwest MLS brokers say market stays "extremely competitive;" some industry experts believe "housing affordability may never be better". Current market conditions — including rising mortgage rates, tight inventory and declining unemployment — are driving even more buyers into…
Seattle Sales Gain, Cheap South King Sales Slip
Let’s take an updated look at how King County’s sales are shifting between the different regions around the county, since geographic shifts can and do affect the median price. In order to explore this concept, we break King County down into three regions, based on the NWMLS-defined “areas”: low end: South County (areas 100-130 &…
May Reporting Roundup: Inventory Increase Edition
It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). To kick things off, here’s an excerpt from the NWMLS press release: Competition among…
NWMLS: Inventory, Sales, & Prices All Gain in May
May market stats were published by the NWMLS this afternoon. Here’s a snippet from their press release: Competition among home buyers "still fierce;" rising interest rates adding to fury. Commenting on the latest report, brokers said the fast pace is frustrating some buyers — and surprising sellers with unrealistic expectations. One broker cautioned against an…