June, 2015 RSS Icon
Found 1 entry for June, 2015.

Northwest MLS NWMLS LogoHome buyers are in "full sprint" mode while sellers are stalling, according to brokers from Northwest Multiple Listing Service. As a result, MLS members are juggling severe inventory shortages and multiple offers in many Seattle neighborhoods and beyond.

MLS figures for May show double-digit drops in inventory compared to a year ago and double-digit gains in both sales and prices. Commenting on the numbers, Northwest MLS director Dick Beeson said "The crush between the lack of inventory and desperate buyers may soon generate the next TV reality show! The stressed market is exhausting everyone in its path, with no relief in sight."

Last month's volume of 11,425 pending sales across the 23 counties in the latest report nearly matched the number of new listings…
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