Seattle Real Estate News January 2020
The Personal Seattle Real Estate News
Seattle Real Estate News January 2020: Meager choices for eager home buyers in December
KIRKLAND, Washington (January 6, 2020) – “The buyers are out there and are showing up at open houses and making multiple offers on new listings,” was how one industry leader summarized December’s housing activity involving members of the Northwest Multiple Listing Service.
Frank Wilson, Kitsap regional manager and branch managing broker at John L. Scott Real Estate in Poulsbo, also said the severe shortage of inventory – “much lower than in years past” – will lead to continued buyer frustration and escalating home values. He noted one of his colleagues added a new listing the day after Christmas and it quickly drew 11 offers.[Read more…] about Seattle Real Estate News January 2020: Eager home buyers plentiful in December but choices were meager