July 10, 2017

NWMLS June 2017 Market Report – “Typical summer slowdown” may mean opportunities for frustrated house hunters

KIRKLAND, Washington (July 6, 2017) - For frustrated house hunters, there's hope: the volume of new listings added to inventory during June (13,658) was the highest total for any single month since May 2008 (14,176 new listings), according to the latest statistics from Northwest Multiple Listing Service. "This time of year we see more new listings coming on the market than pending sales, and June...

Epic Housing Shortage Being Reported

The Joint Center of Housing Studies (JCHS) at Harvard University recently released their 2017 State of the Nation’s Housing Study, and a recent blog from JCHS revealed some of the more surprising aspects of the study. The first two revelations centered around the shortage of housing inventory currently available in both existing homes and new...