{"id":104564,"date":"2017-06-06T17:31:58","date_gmt":"2017-06-07T00:31:58","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=104564"},"modified":"2017-06-06T17:33:26","modified_gmt":"2017-06-07T00:33:26","slug":"nwmls-may-grand-slam-home-salespeople","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2017\/06\/06\/nwmls-may-grand-slam-home-salespeople\/","title":{"rendered":"NWMLS: &#8220;May was a Grand Slam&#8221; &#8230;For Home Salespeople"},"content":{"rendered":"<p><em>Get access to the full spreadsheets used to make the charts in this and other posts, as well as a variety of additional insider benefits by <a href=\"http:\/\/seattlebubble.com\/blog\/membership\/\" title=\"Seattle Bubble Membership\">becoming a member of Seattle Bubble<\/a>.<\/em><\/p>\n<p>May market stats have been published by the NWMLS this morning. Here&#8217;s <a href=\"http:\/\/www.northwestmls.com\/index.cfm?\/News--Information\" title=\"NWMLS Press Release\">their press release<\/a>.<\/p>\n<blockquote><p><strong>Brokers suggest improving inventory may mean&#8221;season of opportunity&#8221; for weary house hunters<\/strong><\/p>\n<p>Would-be buyers who have been shut out of the real estate market should test the &#8220;real estate waters&#8221; during the summer months suggests one industry leader.<\/p>\n<p>&#8220;Summer might provide some competitive relief for weary buyers,&#8221; said Gary O&#8217;Leyar, owner of Berkshire Hathaway HomeServices Signature Properties, pointing to some of the newly-released statistics from Northwest Multiple Listing Service as indicators.<br \/>\n&#8230;<br \/>\nDespite murmurs of the possibility of relief for disenchanted house hunters, May was a hotbed of activity. Brokers notched 9,188 pending sales (mutually accepted offers) in the four-county region, the highest ever reported for the region. Overall, members reported 12,607 pending sales, up 2.7 percent from a year ago.<\/p>\n<p>&#8220;May was a Grand Slam month for housing activity,&#8221; exclaimed J. Lennox Scott, chairman and CEO of John L. Scott Real Estate.<\/p><\/blockquote>\n<p>A more lengthy quote from J. Lennox Scott was distributed by email:<\/p>\n<blockquote><p>\u201cMay was the best month for sales activity of any month in history in the four-county area of King, Snohomish, Pierce, and Kitsap Counties. As Dave Niehaus, the voice of the Mariner\u2019s, used to say: \u201cMy, oh my! Get out the rye bread and the mustard Grandma, it\u2019s grand salami time\u201d. We finally saw new inventory come on the market in May, and although we had a slight delay in the timing, the spring Puget Sound housing market is in full swing and just as intense and frenzy as it has ever been.<\/p><\/blockquote>\n<p>Based on J. Lennox Scott&#8217;s quotes in recent NWMLS releases, Seattle Bubble commissioned this exclusive artist&#8217;s depiction:<\/p>\n<figure id=\"attachment_104569\" aria-describedby=\"caption-attachment-104569\" style=\"width: 512px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/drooling-wolf-with-dollar-sign-eyes.png\" alt=\"artist&#039;s depiction of J. Lennox Scott\" title=\"artist&#039;s depiction of J. Lennox Scott\" width=\"512\" height=\"512\" class=\"size-full wp-image-104569\" srcset=\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/drooling-wolf-with-dollar-sign-eyes.png 512w, https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/drooling-wolf-with-dollar-sign-eyes-250x250.png 250w, https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/drooling-wolf-with-dollar-sign-eyes-350x350.png 350w, https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/drooling-wolf-with-dollar-sign-eyes-32x32.png 32w, https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/drooling-wolf-with-dollar-sign-eyes-50x50.png 50w, https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/drooling-wolf-with-dollar-sign-eyes-64x64.png 64w, https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/drooling-wolf-with-dollar-sign-eyes-96x96.png 96w, https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/drooling-wolf-with-dollar-sign-eyes-128x128.png 128w\" sizes=\"auto, (max-width: 512px) 100vw, 512px\" \/><figcaption id=\"caption-attachment-104569\" class=\"wp-caption-text\">artist&#8217;s depiction of J. Lennox Scott<\/figcaption><\/figure>\n<p>Here&#8217;s your King County SFH summary, with the arrows to show whether the year-over-year direction of each indicator is favorable or unfavorable news for buyers and sellers (green = favorable, red = unfavorable):<\/p>\n<style>.CNNTable {margin: 5px auto 15px;} .CNNTable td {padding: 0px 5px; text-align: center; font-size: .9em;} .top_row {font-weight: bold;} .CNNTable img {border:0;margin:0;}<\/style>\n<table class=\"CNNTable\" border=\"1\" cellpadding=\"0\" cellspacing=\"0\" style=\"width:450px;\">\n<tr class=\"top_row\">\n<th style=\"font-size: 105%; border-top: 0; border-left: 0;\">May 2017<\/th>\n<th>Number<\/th>\n<th>MOM<\/th>\n<th>YOY<\/th>\n<th>Buyers<\/th>\n<th>Sellers<\/th>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Active Listings<\/td>\n<td>2,149<\/td>\n<td>+13.8%<\/td>\n<td>-20.3%<\/td>\n<td><img decoding=\"async\" src=\"\/images-global\/down-red.gif\" \/><\/td>\n<td><img decoding=\"async\" src=\"\/images-global\/up-green.gif\" \/><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Closed Sales<\/td>\n<td>2,576<\/td>\n<td>+26.8%<\/td>\n<td>+2.7%<\/td>\n<td><img decoding=\"async\" src=\"\/images-global\/down-red.gif\" \/><\/td>\n<td><img decoding=\"async\" src=\"\/images-global\/up-green.gif\" \/><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">SAAS (<a href=\"http:\/\/seattlebubble.com\/blog\/2009\/04\/27\/seasonally-adjusted-active-supply-a-new-measure-of-market-virility\/\" title=\"Seasonally Adjusted Active Supply: A New Measure of Market Virility\">?<\/a>)<\/td>\n<td>1.31<\/td>\n<td>-0.9%<\/td>\n<td>+2.0%<\/td>\n<td><img decoding=\"async\" src=\"\/images-global\/up-green.gif\" \/><\/td>\n<td><img decoding=\"async\" src=\"\/images-global\/down-red.gif\" \/><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Pending Sales<\/td>\n<td>3,455<\/td>\n<td>+23.6%<\/td>\n<td>-1.3%<\/td>\n<td><img decoding=\"async\" src=\"\/images-global\/up-green.gif\" \/><\/td>\n<td><img decoding=\"async\" src=\"\/images-global\/down-red.gif\" \/><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Months of Supply<\/td>\n<td>0.83<\/td>\n<td>-10.2%<\/td>\n<td>-22.4%<\/td>\n<td><img decoding=\"async\" src=\"\/images-global\/down-red.gif\" \/><\/td>\n<td><img decoding=\"async\" src=\"\/images-global\/up-green.gif\" \/><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Median Price<a href=\"http:\/\/seattlebubble.com\/blog\/2010\/03\/10\/declines-in-kings-median-price-softened-by-sales-shifts\/\" title=\"Declines in King's Median Price Softened by Sales Shifts\">*<\/a><\/td>\n<td>$632,250<\/td>\n<td>+1.2%<\/td>\n<td>+12.9%<\/td>\n<td><img decoding=\"async\" src=\"\/images-global\/down-red.gif\" \/><\/td>\n<td><img decoding=\"async\" src=\"\/images-global\/up-green.gif\" \/><\/td>\n<\/tr>\n<\/table>\n<p>Pending sales have now been down year-over-year for four months in a row, but for three of those four months, closed sales have <em>increased<\/em>, which is certainly a bit odd. Perhaps this is indicative of a shift from last year toward fewer pending sales falling through. I&#8217;ll see if I can find anything else interesting in the data about that.<\/p>\n<p>Here&#8217;s your closed sales yearly comparison chart:<\/p>\n<p style=\"margin: 5px auto; font-size: 0.8em; text-align: center;\"><a title=\"King County SFH Closed Sales\" href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/04\/KingCoSFHClosed_2017-03.png\" rel=\"lightbox[104564]\"><img decoding=\"async\" style=\"border: 0;\" title=\"King County SFH Closed Sales - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/KingCoSFHClosed_2017-05.png\" alt=\"King County SFH Closed Sales\" \/><\/a><\/p>\n<p>Closed sales increased 27 percent from April to May. Last year over the same period closed sales rose 17 percent. Year-over-year closed sales were up three percent.<\/p>\n<p style=\"margin: 5px auto; font-size: 0.8em; text-align: center;\"><a title=\"King County SFH Pending Sales\" href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/KingCoSFHPending_2017-05.png\" rel=\"lightbox[104564]\"><img decoding=\"async\" style=\"border: 0;\" title=\"King County SFH Pending Sales - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/KingCoSFHPending_2017-05.png\" alt=\"King County SFH Pending Sales\" \/><\/a><\/p>\n<p>Pending sales shot up 24 percent from April to May, and were down one percent year-over-year.<\/p>\n<p>Here&#8217;s the graph of inventory with each year overlaid on the same chart.<\/p>\n<p style=\"margin: 5px auto; font-size: 0.8em; text-align: center;\"><a title=\"King County SFH Inventory\" href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/KingCoSFHInventory_2017-05.png\" rel=\"lightbox[104564]\"><img decoding=\"async\" style=\"border: 0;\" title=\"King County SFH Inventory - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/KingCoSFHInventory_2017-05.png\" alt=\"King County SFH Inventory\" \/><\/a><\/p>\n<p>Listings rose 14 percent from April to May, which is much better than the meager four percent gain we saw last year. Year-over-year listings were still down 20 percent.<\/p>\n<p>Here&#8217;s the chart of new listings:<\/p>\n<p style=\"margin: 5px auto; font-size: 0.8em; text-align: center;\"><a title=\"King County SFH New Listings\" href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/KingCoSFHNewListings_2017-05.png\" rel=\"lightbox[104564]\"><img decoding=\"async\" style=\"border: 0;\" title=\"King County SFH New Listings - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/KingCoSFHNewListings_2017-05.png\" alt=\"King County SFH New Listings\" \/><\/a><\/p>\n<p>New listings shot up month-over-month as they tend to most years in May, gaining 26 percent from April. They were also up 5 percent from last year. New listings slightly outpaced pending sales for the month.<\/p>\n<p>Here&#8217;s the supply\/demand YOY graph.  &#8220;Demand&#8221; in this chart is represented by closed sales, which have had a consistent definition throughout the decade (unlike pending sales from NWMLS).<\/p>\n<p style=\"margin: 5px auto; font-size: 0.8em; text-align: center;\"><a title=\"King County Supply vs Demand % Change YOY\" href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/KingCoSupplyVsDemandPct_2017-05.png\" rel=\"lightbox[104564]\"><img decoding=\"async\" style=\"border: 0;\" title=\"King County Supply vs Demand % Change YOY - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/KingCoSupplyVsDemandPct_2017-05.png\" alt=\"King County Supply vs Demand % Change YOY\" \/><\/a><\/p>\n<p>We&#8217;re still in the midst of a very strong seller&#8217;s market, but at least the supply and demand balance isn&#8217;t getting appreciably <em>worse<\/em> for buyers.<\/p>\n<p>Here&#8217;s the median home price YOY change graph:<\/p>\n<p style=\"margin: 5px auto; font-size: 0.8em; text-align: center;\"><a title=\"King County SFH YOY Price Change\" href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/KingCoSFHPrices_2017-05.png\" rel=\"lightbox[104564]\"><img decoding=\"async\" style=\"border: 0;\" title=\"King County SFH YOY Price Change - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/KingCoSFHPrices_2017-05.png\" alt=\"King County SFH YOY Price Change\" \/><\/a><\/p>\n<p>Year-over-year price growth fell off slightly from April to May but is still well into double-digit territory.<\/p>\n<p>And lastly, here is the chart comparing King County SFH prices each month for every year back to 1994 (not adjusted for inflation).<\/p>\n<p style=\"margin: 5px auto; font-size: 0.8em; text-align: center;\"><a title=\"King County SFH Prices\" href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/KingCoSFHPricesYearly_2017-05.png\" rel=\"lightbox[104564]\"><img decoding=\"async\" style=\"border: 0;\" title=\"King County SFH Prices - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/KingCoSFHPricesYearly_2017-05.png\" alt=\"King County SFH Prices\" \/><\/a><\/p>\n<p>Another new all-time high, although the pace of growth is not as strong as last year at this time, so there&#8217;s that I guess.<\/p>\n<p>May 2017: $632,250<br \/>\nJuly 2007: $481,000 <em>(previous cycle high)<\/em><\/p>\n<p>Here&#8217;s the article from the Seattle Times: <a href=\"http:\/\/www.seattletimes.com\/business\/real-estate\/no-escape-for-priced-out-seattleites-home-prices-set-record-for-hour-drive-in-every-direction\/\" title=\"No escape for priced-out Seattleites: Home prices set record for an hour\u2019s drive in every direction\">No escape for priced-out Seattleites: Home prices set record for an hour\u2019s drive in every direction<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>May market stats have been published by the NWMLS this morning. Here&#8217;s <a href=\"http:\/\/www.northwestmls.com\/index.cfm?\/News--Information\" title=\"NWMLS Press Release\">their press release<\/a>: <strong>Brokers suggest improving inventory may mean&#8221;season of opportunity&#8221; for weary house hunters<\/strong><\/p>\n<p>Pending sales have now been down year-over-year for four months in a row, but for three of those four months, closed sales have <em>increased<\/em>, which is certainly a bit odd. Perhaps this is indicative of a shift from last year toward fewer pending sales falling through. I&#8217;ll see if I can find anything else interesting in the data about that&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"On the blog: NWMLS: \"May was a Grand Slam\" ...For Home Salespeople","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8,616],"tags":[6,521,200],"coauthors":[1158],"class_list":["post-104564","post","type-post","status-publish","format-standard","hentry","category-stats","category-counties","tag-nwmls","tag-saas","tag-statistics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NWMLS: &quot;May was a Grand Slam&quot; ...For Home Salespeople \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2017\/06\/06\/nwmls-may-grand-slam-home-salespeople\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"NWMLS: &quot;May was a Grand Slam&quot; ...For Home Salespeople \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"May market stats have been published by the NWMLS this morning. Here&#039;s their press release: Brokers suggest improving inventory may mean&quot;season of opportunity&quot; for weary house hunters  Pending sales have now been down year-over-year for four months in a row, but for three of those four months, closed sales have increased, which is certainly a bit odd. Perhaps this is indicative of a shift from last year toward fewer pending sales falling through. I&#039;ll see if I can find anything else interesting in the data about that...\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/drooling-wolf-with-dollar-sign-eyes.png\" \/>\n<meta name=\"twitter:creator\" content=\"@The_Tim\" \/>\n<meta name=\"twitter:site\" content=\"@SeattleBubble\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The Tim\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2017\/06\/06\/nwmls-may-grand-slam-home-salespeople\/\",\"url\":\"https:\/\/seattlebubble.com\/blog\/2017\/06\/06\/nwmls-may-grand-slam-home-salespeople\/\",\"name\":\"NWMLS: \\\"May was a Grand Slam\\\" ...For Home Salespeople \u2022 Seattle Bubble\",\"isPartOf\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2017\/06\/06\/nwmls-may-grand-slam-home-salespeople\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2017\/06\/06\/nwmls-may-grand-slam-home-salespeople\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/drooling-wolf-with-dollar-sign-eyes.png\",\"datePublished\":\"2017-06-07T00:31:58+00:00\",\"dateModified\":\"2017-06-07T00:33:26+00:00\",\"author\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\"},\"breadcrumb\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2017\/06\/06\/nwmls-may-grand-slam-home-salespeople\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/seattlebubble.com\/blog\/2017\/06\/06\/nwmls-may-grand-slam-home-salespeople\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2017\/06\/06\/nwmls-may-grand-slam-home-salespeople\/#primaryimage\",\"url\":\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/drooling-wolf-with-dollar-sign-eyes.png\",\"contentUrl\":\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/drooling-wolf-with-dollar-sign-eyes.png\",\"width\":512,\"height\":512,\"caption\":\"artist's depiction of J. Lennox Scott\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2017\/06\/06\/nwmls-may-grand-slam-home-salespeople\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/seattlebubble.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NWMLS: &#8220;May was a Grand Slam&#8221; &#8230;For Home Salespeople\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\",\"url\":\"https:\/\/seattlebubble.com\/blog\/\",\"name\":\"Seattle Bubble\",\"description\":\"local\u00a0real\u00a0estate\u00a0news, statistics,\u00a0and\u00a0commentary without\u00a0the\u00a0sales\u00a0spin.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/seattlebubble.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\",\"name\":\"The Tim\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/image\/37756956c11dcc50d2559761ffa5ee70\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g\",\"caption\":\"The Tim\"},\"description\":\"Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer \/ internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. 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Here's their press release: Brokers suggest improving inventory may mean\"season of opportunity\" for weary house hunters  Pending sales have now been down year-over-year for four months in a row, but for three of those four months, closed sales have increased, which is certainly a bit odd. Perhaps this is indicative of a shift from last year toward fewer pending sales falling through. I'll see if I can find anything else interesting in the data about that...","twitter_image":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/drooling-wolf-with-dollar-sign-eyes.png","twitter_creator":"@The_Tim","twitter_site":"@SeattleBubble","twitter_misc":{"Written by":"The Tim","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/seattlebubble.com\/blog\/2017\/06\/06\/nwmls-may-grand-slam-home-salespeople\/","url":"https:\/\/seattlebubble.com\/blog\/2017\/06\/06\/nwmls-may-grand-slam-home-salespeople\/","name":"NWMLS: \"May was a Grand Slam\" ...For Home Salespeople \u2022 Seattle Bubble","isPartOf":{"@id":"https:\/\/seattlebubble.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/seattlebubble.com\/blog\/2017\/06\/06\/nwmls-may-grand-slam-home-salespeople\/#primaryimage"},"image":{"@id":"https:\/\/seattlebubble.com\/blog\/2017\/06\/06\/nwmls-may-grand-slam-home-salespeople\/#primaryimage"},"thumbnailUrl":"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/drooling-wolf-with-dollar-sign-eyes.png","datePublished":"2017-06-07T00:31:58+00:00","dateModified":"2017-06-07T00:33:26+00:00","author":{"@id":"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f"},"breadcrumb":{"@id":"https:\/\/seattlebubble.com\/blog\/2017\/06\/06\/nwmls-may-grand-slam-home-salespeople\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/seattlebubble.com\/blog\/2017\/06\/06\/nwmls-may-grand-slam-home-salespeople\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/seattlebubble.com\/blog\/2017\/06\/06\/nwmls-may-grand-slam-home-salespeople\/#primaryimage","url":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/drooling-wolf-with-dollar-sign-eyes.png","contentUrl":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2017\/06\/drooling-wolf-with-dollar-sign-eyes.png","width":512,"height":512,"caption":"artist's depiction of J. 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His background in engineering and computer \/ internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. 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