Frenzied Fall Housing Market Ahead
Posted by Cary W Porter on
- Northwest MLS brokers report gains in new listings, closed sales, prices versus year ago!
- Historically low interest rates and inventory shortages as factors contributing to a “very active market.”
- The housing market intensity for each new listing will continue its upward trajectory as the first of the year approaches.
- Shortage of supply still remains a significant issue.
KIRKLAND, Washington (October 6, 2021) – September’s housing market remained “very active” to “frenzied” around Washington state with brokers reporting year-over-year (YOY) gains in new listings, closed sales, and prices. Brokers with Northwest Multiple Listing Service also detected growing stability in the condominium market.
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