Real Estate

A Different Spring Season

Posted on

Spring is usually one of the busiest times of the year for the real estate industry. It makes sense, if you want to be moving in the early summer time when school is out then there is no better time to be house shopping than the present. Last month I wrote about how the impacts […]

Real Estate

2019 Market Stats Review

Posted on

2019 has come to a close and the big headline from the Northwest Multiple Listing Service (NWMLS) is that agents facilitated 92,503 closings which represented more than $49 billion in sales. Compared to 2018 this was an increase in sales of $1.8 billion or 3.8%. The NWMLS serves 23 counties in Washington with King, Pierce, […]

Real Estate

Fall 2019 Real Estate Trends

Posted on

In my real estate trend posts over the past year I’ve been keeping a close eye on inventory rates and months of supply. Months of supply means how long it would take for the current inventory of homes listed on the NWMLS to sell based on the current pace of home sales. A “normal” or […]

Real Estate Market

Summer 2018 Real Estate Trends

Posted on

In the beginning of July I posted about King County Real Estate Trends which at the time was showing an increase in inventory, increase in months of inventory (active listings divided by number of homes sold per month on a 12 month average), and slowing of the average price growth. When I wrote that first post […]