Seattle Real Estate News February 2020
The Personal Seattle Real Estate News
Seattle Real Estate News February 2020: Home buyers have to deal with record-low inventory.
KIRKLAND, Washington (February 6, 2020) – “All indicators point to a vigorous spring market,” suggested broker Dean Rebhuhn when reviewing just-released statistics from Northwest Multiple Listing Service. The report covering 23 counties shows pending sales outgained new listings, record-low inventory that’s down 33% from a year ago, and double-digit price increases.
Matthew Gardner, chief economist at Windermere Real Estate (the largest regional real estate company in the Western U.S.), noted home buyers did not take very much time off during the holidays. “They hit the ground running as soon as the new year kicked off.” (Windermere has 140 offices in the NWMLS market area.)[Read more…] about Seattle Real Estate News February 2020: Home buyers in Western Washington “hit the ground running” in January