KIRKLAND, Washington (December 6, 2018) – With more plentiful inventory, recently announced increases in lending limits, and moderating prices, prospective home buyers are finding more options around Western Washington, according to industry experts from Northwest Multiple Listing Service.
- Active Listings up 41%
- King County inventory surging 135 percent from a year ago
- Closed sales declined about 15.3 percent from twelve months ago
“Moderating interest rates over the past few weeks could provide a window of opportunity for buyers this month, even if the Fed is widely expected to raise them again in December,” said Mike Grady, president and COO of Coldwell Banker Bain.
“We are continuing to see a balancing of the market,”…