The Cascade Team Blog - September, 2017

Housing Market Fire Still Burning: Though a Few “Cool “ Spots Appear

Posted by Hailey Miller on September 7th, 2017

KIRKLAND, Washington (Sept. 6, 2017) – As smoke and ash blanketed parts of Washington state, one real estate broker noted, “Even in a fire there are some cooler spots, and seasonally, the housing market is in a cooler spot.”c

• Pending Sales Exceed New Listings Again For August
• Active Listings Down 12.8% Compared to Last Year
• $1,000,000+ Homes Sales UP 52% Over Last Year

The latest numbers from Northwest Multiple Listing Service show there are both cooler spots and hot spots, with the demand for housing and prices showing few signs of being extinguished.

“For August, we experienced a more robust market than anticipated,” remarked Diedre Hanes, principal managing broker-South Snohomish County at Coldwell Banker Bain in Lynnwood.…

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