{"id":21682,"date":"2012-10-04T12:00:15","date_gmt":"2012-10-04T19:00:15","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=21682"},"modified":"2012-10-04T12:19:26","modified_gmt":"2012-10-04T19:19:26","slug":"nwmls-inventory-sales-prices-head-south-for-winter","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2012\/10\/04\/nwmls-inventory-sales-prices-head-south-for-winter\/","title":{"rendered":"NWMLS: Inventory, Sales, & Prices Head South For Winter"},"content":{"rendered":"

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September market stats were published by the NWMLS this morning. Here’s what they have to say about their numbers: Housing market rebound continues, with "slow, unprepared buyers" settling for "2nd choice" homes<\/a>.<\/p>\n

The imbalance between supply and demand is “wreaking havoc” with some buyers and sellers, said Northwest MLS director George Moorhead, branch manager at Bentley Properties in Bothell. Some sellers are lamenting “missed opportunities,” but he believes positive momentum will continue with the combination of below-normal inventory, record-low interest rates and changing views on home ownership. “We are seeing clients’ views change from a home being a short-term investment vehicle to being a place where we raise and teach our families,” Moorhead remarked.<\/p><\/blockquote>\n

Another unsurprising month. Sales dropped off quite a bit from August, as they do nearly every year. Prices ticked down slightly, and inventory remains dismal.<\/p>\n

All righty, on with our usual monthly stats.<\/p>\n

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CAUTION<\/div>\n

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NWMLS monthly reports include an undisclosed and varying number<\/a> of
sales from previous months in their pending and closed sales statistics.<\/p>\n<\/div>\n

Here’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