Brokers with Northwest Multiple Listing Service ended 2013 with the best year-over-year improvement in inventory (up 8.4 percent) and a similar gain in closed sales to buoy confidence heading into the new year. December's pending sales slipped slightly (down about 1.7 percent) compared to the same month a year ago.
"Positive job growth and the continuation of favorable low interest rates are setting the stage for another good year in real estate," said J. Lennox Scott, chairman and CEO of John L. Scott Real Estate.
Friday's narrow approval of Boeing's contract proposal for Machinists union members bodes well for members of Northwest Multiple Listing Service and the real estate industry.
Reacting to the vote, MLS board member John Deely said, "The…