Sellers are embracing the concept of moderation when setting prices!
According to Northwest Multiple Listing Service (NWMLS), Homebuyers around Washington state are making their way back to the market. They are hoping to take advantage of improving inventory, attractive interest rates, and more approachable sellers.
Moderating sales prices of homes in Washington State are caused by a year-over-year improvement in the volume of new listings and total inventory. There was robust activity in January of this year. However, the number of actual sales was a little less than last year. All indications are that strong activity will persist in all counties of the State. Some prospective buyers sat out the second half of 2018. Others were pushed to the sidelines during last year’s heated market. These folks are finding better buying conditions now.
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