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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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In Memoriam: Jack Johnson

By jnaegeli / July 8, 2024 / Comments Off on In Memoriam: Jack Johnson

Back to News Center Modified from the original post at nwmls.com.   The Seattle King County REALTORS® is saddened by the passing of Jack Johnson, former President and CEO of NWMLS. Jack passed away on June 21 at the age of 83. “Jack was an acknowledged leader in the real…

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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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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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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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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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