Real Estate Market Update Nov 2015: Real Estate Brokers Expect Only a Modest Holiday Slowdown
Posted by Cary W Porter on
- Prices up 7.3% YOY
- Pending Transactions up 7.8%
- Closed Sales up over 7%
- Only 1.29 Months of Inventory for King County
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2015 is Busiest October in 10 Years
Real estate brokers expect only a modest holiday slowdown, saying strong economy, low inventory make this year "different"
KIRKLAND, Washington (November 5, 2015) – With holidays approaching, real estate brokers usually expect a slowdown as buyers and sellers shift their attention elsewhere. "This year is different," say some industry leaders.
"Today we have one of the best markets we’ve ever seen for sellers," observed Ken Anderson, managing broker and owner at Coldwell Banker Evergreen in Olympia. "Buyers are still surging to the market and…
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