Home Buyers and Sellers Being Rewarded During "Intense" Holiday Market
Posted by Cary W Porter on
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- Inventory Critically Low.
- Housing Market "Red Hot" this holiday season.
- Buyers finding less competition and are taking advantage of rates before they increase.
- Pending sales increase by 10% continuing drop in available inventory.
KIRKLAND, Washington (December 4, 2015) – Inventory remains "critically low," but there are fewer house-hunters in the hunt during this holiday season so motivated sellers and buyers are seeing success, according to brokers with Northwest Multiple Listing Service. Its just-released statistics for November show year-over-year gains in pending sales, closed sales, and prices, but a steep decline in inventory.
"The housing market continues to be red-hot on a seasonal basis, but this…
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