{"id":28114,"date":"2014-01-06T15:00:31","date_gmt":"2014-01-06T23:00:31","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=28114"},"modified":"2014-01-06T15:46:54","modified_gmt":"2014-01-06T23:46:54","slug":"nwmls-inventory-up-six-percent-to-end-2013","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2014\/01\/06\/nwmls-inventory-up-six-percent-to-end-2013\/","title":{"rendered":"NWMLS: Inventory Up Six Percent to End 2013"},"content":{"rendered":"

December market stats were published by the NWMLS this afternoon. Here’s a snippet from their press release: Year-end gains in inventory, sales, prices<\/a>.<\/p>\n

Brokers with Northwest Multiple Listing Service ended 2013 with the best year-over-year improvement in inventory (up 8.4 percent) and a similar gain in closed sales to buoy confidence heading into the new year. December’s pending sales slipped slightly (down about 1.7 percent) compared to the same month a year ago.<\/p>\n

“Positive job growth and the continuation of favorable low interest rates are setting the stage for another good year in real estate,” said J. Lennox Scott, chairman and CEO of John L. Scott Real Estate.<\/p>\n

Friday’s narrow approval of Boeing’s contract proposal for Machinists union members bodes well for members of Northwest Multiple Listing Service and the real estate industry.<\/p>\n

Reacting to the vote, MLS board member John Deely said, “The robust and diverse economy of the Pacific Northwest is solidified by Boeing’s continued presence in the Seattle area.” Deely, the principal managing broker at Coldwell Banker Bain in Seattle, said the vote helps secure the region’s position as “the aerospace epicenter of the world with top-notch manufacturing jobs that support the industry.”<\/p>\n

Boeing workers and others hoping to buy a home have a bigger selection of homes to consider than house-hunters who were looking twelve months ago – especially in Snohomish County, where the number of active listings is up 43.6 percent.<\/p><\/blockquote>\n

Wow, way to stay classy, NWMLS. Shamelessly attempting to capitalize on the Boeing news was the best you could come up with this month? Yikes. I suppose it’s (slightly) less pitiful than the car salesmen that lurked just onshore last month in Everett waiting to capture freshly-docked Navy “leads.”<\/a><\/p>\n

On with our usual monthly stats.<\/p>\n

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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