Seattle Real Estate News January 2019
The Personal Seattle Real Estate News
Seattle Real Estate News January 2019: Home buyers can find good values and receptive sellers
KIRKLAND, Washington (January 7, 2019) – December brought few surprises for real estate brokers in Western Washington with holidays, fluctuating interest rates, and volatility in consumer confidence contributing to slower activity. Several leaders from Northwest Multiple Listing Service described 2018 as a transition year for residential real estate.
New data from the MLS show inventory in its 23-county market area dipped below two months of supply for the first time since July. A year-over-year comparison of the number of new listings, pending sales, and closed sales show drops overall, while prices rose from the same month a year ago. [Read more…]