August 24, 2022

Wednesday 8/24/22 Eastside Residential Market Update

Wednesday Market Update: Here are the latest Eastside Residential Market Stats as of 8/24/22: This week is a mix of good news and bad news. The good... active listing continue to decline which would indicate the market is improving. The bad news... pending sales dropped 25% from last week. All this caused the Months of Inventory to rise above 2 months again.  Active Listings reached their...

Why Today’s Housing Inventory Proves the Market Isn’t Headed for a Crash

Whether or not you owned a home in 2008, you likely remember the housing crash that took place back then. And news about an economic slowdown happening today may bring all those concerns back to the surface. While those feelings are understandable, data can help reassure you the situation today is nothing like it was in 2008. One of the key reasons why the market won’t...