January 18, 2019

Northwest MLS brokers summarize 2018 housing activity highlighted by record-high dollar volume

KIRKLAND, Washington. (Jan. 17, 2019) - Members of Northwest Multiple Listing Service reported 92,555 closed sales during 2018, fewer than the previous year, but the dollar volumes surpassed 2017 by nearly $688 million for a small gain of 1.4 percent. Measured by dollars, last year's sales of single family homes and condominiums were valued at almost $47.2 billion across the 23 counties served by...

Last Chance! Homes are a Bargain Compared to Historic Norms

A loaf of bread used to be a nickel. A movie ticket was a dime.  Not anymore. Houses were also much less expensive than they are now. Inflation raised the price of all three of those items, along with the price of almost every other item we purchase. The reason we can still afford to consume is that our wages have also risen over time. The better measure of whether an item is more expensive...