As expected, lower inventory in the month of December and likely attributed to the earlier wind storm and the holiday season. The Spring market will provide us with better information on how the 2025 real estate market will trend for these three counties in Washington State.

Our inventory has dipped again and am seeing even less inventory in Decmember. If we get lower home loan interest rates in the 1st quarter of 2025 we will see increased buyer traffic as well as increased home prices.

I added some thoughts on how to get ready to start your home search and some things to do to get your home ready to sell if you are a seller. I am also suggesting that you do the research as a buyer and seller to make sure that the information provided by the seller to the buyer is true and correct as the sellers have an obligation to represent their home with reliable and accurate information.

Good news for buyers - inventory has increased this past month, yet good homes are still selling qucikly. We are seeing some price adjustmenst as well and those new prices are making those homes very attractive. Good time to be a buyer and YES still a good time to be a seller. 

Even with interest rates slowly going down we are seeing an increase in inventory, and adjusted asking prices, yet homes are still selling. I belive that this fall we will see more buyer activity and inventory decreasing due to lower interest rates.  Have also included in this Podcast some thoughts on VA and FHA assumable loans and my thoughts on getting your home ready to sell to maximize your selling price.

We are seeing a bump in inventory, not much, yet if interest rates continue to move downward the inventory is likely to decrease with increased buyer activity. We are seeing, in some markets, multiple offers and homes selling over their asking prices.

Seeing a bump in inventory yet several properties are selling with multiple offers, even with rising interest rates.

A few examples of why good buyer brokers are worth every penny you spend on having them represent you as those good brokers do far more than "just" opening a door for you. Their value is way beyond showing you homes!

Starting to see a little more inventory to select from yet good homes that are priced well are selling in less than a week. Interest rates are down to 7% 30 year fixed this week.

This Podcast includes a letter sent to ALL NWMLS members in Washington State so I  decided to share that letter with you so that you had "real" information instead of how the media spins things. If you would like more information feel free to reach out to me.