Archive for the 'Market Trends' Category

“Value-Hunters” seizing opportunities to buy more affordable homes

Friday, September 3rd, 2010

Excerpts from Press Release from the NWMLS.  KIRKLAND, Wash. (Sept. 3, 2010) – Value is what’s selling in the current housing market, according to members of Northwest Multiple Listing Service. Commenting on the MLS report summarizing August activity, directors agree conditions continue to favor buyers, although one industry official cautioned a looming change in mortgage [...]

Housing Market in Washington State Indicates Recovery

Friday, March 5th, 2010

KIRKLAND, Wash. (March 4, 2010) – Northwest Multiple Listing Service members reported strong gains in home sales during February, with brokers pointing to several encouraging signs for a busy spring season. Improving consumer confidence and a looming deadline for homebuyer tax credits are helping to boost activity, according to NWMLS officials. “We are entering what [...]

Pending Home Sales Stabilize, Remain above Year-Ago Levels

Wednesday, February 3rd, 2010

February 3, 2010—Pending home sales have leveled from a market swing driven by response to the home buyer tax credit, according to the National Association of Realtors®. The Pending Home Sales Index, a forward-looking indicator based on contracts signed in December 2009, increased 1.0% to 96.6 from 95.6 in November, and remains 10.9% above December [...]