{"id":26864,"date":"2013-07-03T13:46:28","date_gmt":"2013-07-03T20:46:28","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=26864"},"modified":"2013-07-04T10:06:51","modified_gmt":"2013-07-04T17:06:51","slug":"nwmls-sales-slip-inventory-increases-prices-gain","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2013\/07\/03\/nwmls-sales-slip-inventory-increases-prices-gain\/","title":{"rendered":"NWMLS: Sales Slip, Inventory Increases, Prices Gain"},"content":{"rendered":"

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"<\/a>.<\/p>\n

Current market conditions — including rising mortgage rates, tight inventory and declining unemployment — are driving even more buyers into what is already an “extremely competitive housing market,” reported OB Jacobi, a member of the board of directors for Northwest Multiple Listing Service.
\n…
\n“We desperately need more properties to sell to satisfy the current demand,” said Mike Gain, president and CEO of Prudential Northwest Realty Associates. Despite shortages, Gain said “on-the-fence” buyers are jumping into the market now to lock into today’s low interest rates at today’s prices before they rise further,” which is expected. “Today’s buyers may never see a better time to purchase a home,” he added.<\/p><\/blockquote>\n

Housing affordability will NEVER<\/em> be better! Get in now before you’re priced out FOREVER!<\/a> Gee, that sentiment sounds familiar…<\/p>\n

\"YOUR<\/a><\/p>\n

I photographed that sign at a local brokerage office in August 2006<\/a>.<\/p>\n

Conveniently absent from today’s release are the facts that:<\/p>\n