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    • Home
    • About
    • Work With Me
      • Buying a Home
      • Selling a Home
      • Investors
      • Relocation
    • Properties
    • Market Updates
      • Eastside
      • Luxury Market
      • King County
    • My Blog
    • Communities
      • Explore the Eastside
    • Schools
      • Research
      • School Locator
    • Contact
  • Home
  • About
  • Work With Me
    • Buying a Home
    • Selling a Home
    • Investors
    • Relocation
  • Properties
  • Market Updates
    • Eastside
    • Luxury Market
    • King County
  • My Blog
  • Communities
    • Explore the Eastside
  • Schools
    • Research
    • School Locator
  • Contact

March 2024

Despite a decrease in interest rates by 0.15% to 6.79%, the impact on buyers' purchasing power and sellers' willingness to give up low-interest mortgages remains limited. Northwest Multiple Listing Service (NWMLS) data for Washington counties indicates an 11.2% decrease in closed sales year-over-year, while median sales prices continue to rise steadily, increasing by 7.5%.  A slight increase in new listings offers buyers more options, yet demand still outpaces available inventory, driving continued price growth. 

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