{"id":29594,"date":"2014-10-07T08:00:08","date_gmt":"2014-10-07T15:00:08","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=29594"},"modified":"2014-10-11T00:37:31","modified_gmt":"2014-10-11T07:37:31","slug":"nwmls-housing-market-slows-tightens-into-fall","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2014\/10\/07\/nwmls-housing-market-slows-tightens-into-fall\/","title":{"rendered":"NWMLS: Housing Market Tightens, Slows Into Fall"},"content":{"rendered":"

September market stats were published by the NWMLS yesterday. Here’s a snippet from their press release: Home Sales Stay Strong but Prices Approaching "Affordability Ceiling" for Some Buyers<\/a>.<\/p>\n

Pending sales of homes around Western Washington surged more than 13 percent in September compared to a year ago, and listing activity picked up slightly, fueling both broker optimism and words of advice for sellers.
\n…
\nCommenting on September’s activity, industry veteran Gary O’Leyar said he expects the Greater Puget Sound real estate market will maintain a “healthy glow” in 2015 so long as there is no radical increase in interest rates. “I foresee a general leveling off in overall market activity as prices approach the affordability ceiling for many buyers,” remarked O’Leyar, the designated broker\/owner of Prudential Signature Properties in Seattle.<\/p><\/blockquote>\n

“Healthy glow.” Good one. I’m going to have to remember that one.<\/p>\n

Okay, let’s get 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