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Housing Inventory Improves, but high prices, interest rates are constraining activity

By jnaegeli / July 15, 2024 / Comments Off on Housing Inventory Improves, but high prices, interest rates are constraining activity

Back to News Center Despite strong gains in inventory levels, Northwest Multiple Listing Service reported year-over-year (YoY) drops in both pending sales and closed sales during June for the 26 counties in its monthly report. The area-wide median sales prices rose 4% from twelve months ago. King County’s pending sales…

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King, Kittitas Counties Outperform NWMLS Overall on three Key Metrics

By jnaegeli / June 27, 2024 / Comments Off on King, Kittitas Counties Outperform NWMLS Overall on three Key Metrics

Back to News Center Both King and Kittitas counties notched year-over-year (YoY) gains during May for active listings, pending sales, and sales prices. Those increases outperformed the overall totals in the Northwest Multiple Listing Service (NWMLS) areas covering 26 counties across the state. In its recently released report summarizing May…

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June is Homeownership Month

By jnaegeli / June 20, 2024 / Comments Off on June is Homeownership Month

Back to News Center June is when REALTORS® commemorate National Homeownership Month. The goal of the observance is to raise awareness about the benefits of owning a home and the importance of making homeownership more attainable for all Americans. REALTOR® members serve as trusted advisors, helping consumers navigate the home…

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Five Colleges Are Collaborating in effort to enhance urban forests

By jnaegeli / May 31, 2024 / Comments Off on Five Colleges Are Collaborating in effort to enhance urban forests

Back to News Center Tree canopies in several urban areas across the state should increase and residents in underserved communities will gain knowledge about stewardship of natural resources as part of a five-year project being led by Washington State University. The project, supported by a nearly $1.8 million Inflation Reduction…

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Bellevue Chamber Launches Initiative to Connect Volunteers with Nonprofits

By jnaegeli / May 22, 2024 / Comments Off on Bellevue Chamber Launches Initiative to Connect Volunteers with Nonprofits

Back to News Center Eastside REALTORS®, and especially young professionals, are invited to be part of an initiative of the Bellevue Chamber to connect volunteers with nonprofits. The new event, called Believe, is scheduled for Thursday, May 30, at the Bellevue Botanical Garden. The showcase of nonprofits is being presented…

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Brokers in King, Kittitas Counties report solid uptick in April activity on most metrics

By jnaegeli / May 15, 2024 / Comments Off on Brokers in King, Kittitas Counties report solid uptick in April activity on most metrics

Back to News Center Despite higher-for-longer interest rates that constrained purchasing power for some buyers, brokers across much of Washington reported solid gains in both pending and closed sales during April. In its latest report, Northwest Multiple Listing Service also noted listing activity improved last month in 23 of the…

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Has Seattle Improved Its ParkScore®?

By jnaegeli / May 14, 2024 / Comments Off on Has Seattle Improved Its ParkScore®?

Back to News Center Two free events this month are being presented in celebration of parks. They include a stewardship day on May 18 and a virtual chat on the latest ParkScore® Index with leading park experts on May 22. In extending an invitation, Roland Carette-Meyers, the Northwest associate director…

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Resources Abound for Earth Month, Earth Day Observances

By jnaegeli / April 12, 2024 / Comments Off on Resources Abound for Earth Month, Earth Day Observances

Back to News Center April is observed as Earth Month, a time to raise environmental awareness. Since the first observance of Early Day on April 22, 1970, EarthDay.org has mobilized more than 1 billion people annually “to diversify, educate and activate the environmental movement worldwide.” There are numerous ways to…

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King County Housing Activity Shows Strong YoY Gains in Pending Sales, Prices

By jnaegeli / April 9, 2024 / Comments Off on King County Housing Activity Shows Strong YoY Gains in Pending Sales, Prices

Back to News Center Slight improvement in new listings and total inventory compared to twelve months ago across the 26 counties served by Northwest Multiple Listing Service contributed to a small uptick in pending sales (1.15%) during March. Nonetheless, the volume of year-over-year (YoY) closed sales fell 11.2%. The NWMLS…

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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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