Seattle Real Estate in June: Sales down 8% YoY, Inventory down 32% YoY

The Northwest Multiple Listing Service reported Northwest MLS brokers report robust activity amid low interest rates, tight inventory, changing lifestyles Historically low interest rates and lifestyle changes are fueling housing activity around Washington state, according to Dean Rebhuhn, president of Village Homes and Properties in Woodinville. Commenting on just-released June statistics from Northwest Multiple Listing Service, he and other brokers say multiple offers are common "especially in the median price range." … "Multiple offers are back with a vengeance as buyers are handicapped by......(read more)

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