{"id":25246,"date":"2013-01-07T12:04:04","date_gmt":"2013-01-07T20:04:04","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=25246"},"modified":"2013-01-07T13:42:51","modified_gmt":"2013-01-07T21:42:51","slug":"nwmls-2012-ends-on-a-sour-note-for-buyers","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2013\/01\/07\/nwmls-2012-ends-on-a-sour-note-for-buyers\/","title":{"rendered":"NWMLS: 2012 Ends on a Sour Note for Buyers"},"content":{"rendered":"

December market stats were published by the NWMLS this morning. Here’s a snippet from their press release: Northwest MLS Tallies Busy December as First-time Buyers, Investors Return<\/a>.<\/p>\n

Brokers expect the housing market rebound to continue, while cautioning sellers to refrain from becoming too greedy and expressing hope for “controlled natural growth” to sustain the recovery. They also believe distressed properties, rising rents and re-engaged investors will have an impact on activity for the foreseeable future.<\/p>\n

“Buyers are taking note of sellers who overprice their homes,” reported Northwest MLS director Darin Stenvers. “These buyers are not wasting their time looking at that section of the market for fear of losing a “turnkey ready” home that they can buy and close on,” added Stenvers, the office managing broker at John L. Scott, Inc. in Bellingham.<\/p><\/blockquote>\n

You may recall that nearly a third of sellers will overprice on purpose<\/a>.<\/p>\n

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

\n
CAUTION<\/div>\n

<\/p>\n

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