August 2018 News Clippings with Analyses from Robert Wasser
By now, you may have already taken notice of a Greater Seattle real estate market shift I started pointing out months ago. Of the analyses/quotes I provided in this month's press release from the Northwest Multiple Listing Service, the one that didn't make it to local media outlets is the one that sums it up pretty plainly: "People are taking notice of the evolving real estate landscape -- even my mom tells me she's noticing more for sale signs" Though my mom didn't make it p
Home buyer demand falls as recent Seattle real estate trends continue
In early June, I began writing about shifts I was starting to see in the Seattle real estate market data. By July, I had more data points supporting a significant shift in supply and demand, which led to being quoted in local media outlets saying that’s “a pretty simple economic recipe for a softening market.” Here we are at August 1st with more data to consider. Here goes… Pending sales for residential homes in Seattle, as of August 1st, are down 12.3% compared to last mont
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