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NAR Economist Keynotes Program on Strategies for 2024 Success

By jnaegeli / April 4, 2024 / Comments Off on NAR Economist Keynotes Program on Strategies for 2024 Success

Back to News Center REALTORS® reported record-high home prices in 2023, based on sales of existing homes, but also the worst volume of sales since 1995, with severe shortages of inventory being a major factor for the imbalance. Those were among insights shared by Dr. Jessica Lautz, deputy chief economist…

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King County Brokers Report Positive Gains in Key Metrics

By jnaegeli / March 15, 2024 / Comments Off on King County Brokers Report Positive Gains in Key Metrics

Back to News Center Brokers in King County notched gains in four key metrics during February despite tight inventory and interest rates that are keeping some potential purchasers on the sidelines. The latest report from Northwest Multiple Listing Service (NWMLS) shows brokers in King County added 2,492 new listings of…

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January housing activity slow but with some encouraging indicators

By jnaegeli / February 9, 2024 / Comments Off on January housing activity slow but with some encouraging indicators

Back to News Center In keeping with seasonal patterns, real estate activity was slow during January, but there were some encouraging indicators according to the latest market summary from Northwest Multiple Listing Service (NWMLS). For the 26 counties in the report, the volume of closed sales rose 3% year-over-year (YOY),…

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Housing Metrics Show Signs of Rebound

By jnaegeli / January 8, 2024 / Comments Off on Housing Metrics Show Signs of Rebound

Back to News Center Would-be homebuyers started moving off the sidelines as 2023 came to a close, spurred by downward-trending mortgage rates and an uptick in new listings. Data compiled by Redfin showed several positive indicators of buyer demand and activity. Highlights included: Lowest weekly average 30-year fixed mortgage rate…

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