By Kelsey Ramirez, HousingWire
Image courtesy of HousingWire
“’October will be the best month for selection and availability until late February’ said John L. Scott Chairman and CEO J. Lennox Scott on the latest statistics from Northwest MLS.” By the end of September, inventory had increased to 1.7 months’ supply, and though that is not ideal for a balanced market, it is better than the 1.55 month’s supply that our region experienced in August. “’We continue to have very strong buyer demand as the typical seasonal slowdown begins for new listings’ Scott said.”
