Broker News Industry News JLS in the News Market Update News

JLS Broker Jon Bye on KING 5: It’s a Buyer’s Market

JLS Broker Jon Bye, based out of the Kent North office, was on King 5 this morning! He talked about how the lowered absorption rate combined with an increase in inventory are two major factors affecting the buying and selling market right now.

“This is the most inventory that’s been put on the market in one month since 2008,” Jon said.  There more more than 14,000 new listings in May.

He also noted that right now there’s more “opportunity for buyers” in the current market. To watch the rest of his 3 minute video click here.

Related posts

Rising population, rents lead to emergency declaration in rural Oregon


John L. Scott’s Phil McBride testifies in support of HB 1335


JLS Broker Tyler McKenzie Chosen For Coveted NAR Leadership Academy.