Western Washington experencing a "Positive Cyclone of Home Sales Activity,”
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- Sold Homes up 27.5% compaired to last year.
- Pending Sales up 13.6%
- Prices are up 10.8% Compaired to last year
- Multiple offers being reported in ALL price range!
Home sales, prices still rising in Western Washington despite lean inventory and increasing mortgage rates:
KIRKLAND, Wash. (Aug. 6, 2013) – Rising interest rates, rising prices and rising consumer confidence are creating a "positive cyclone of home sales activity," according to members of the Northwest Multiple Listing Service. A robust job market around the Greater Seattle area is also spurring sales.
Member-brokers reported 9,565 pending sales during July for an increase of more than 13.6 percent from a year ago – the highest year-over-year gain…
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