Posted by Rob Greer on Friday, January 7th, 2022 at 8:49am
Only Prices Rose: 2021 Ends with Depleted Inventory, Rising Prices
- Year-over-year inventory, pending sales, and closed sales all fell by double digits. Only prices rose – up 17.4% overall!
- We will experience strong demand and very active home sales in 2022
- Available inventory “Drastically low.”
- Smart buyers are making their best offers using pre-inspections, family support, bridge loans, leveraging 401(k) accounts, and other resources
KIRKLAND, Washington (January 6, 2022) – Severe shortages of inventory, record-low temperatures and snow restrained December housing activity around Washington state beyond expected seasonal…