SPACER
The ultimate cost of purchasing a home can be a lot more than the price shown on the Purchase & Sales Agreement. At closing, you will incur certain costs and in the first year after closing there could be more.
October Looks To Be The Best Month For New Homes Availability
“October will be the best month for selection and availability until late February,” proclaimed J. Lennox Scott when commenting on the latest statistics from Northwest Multiple Listing Service.
MLS figures for September show inventory reached 1.7 months of supply at the end of the month, matching the year-to-date high in February. That level is still well below the 4-to-6 months of supply that many industry analysts use as an indicator of a balanced market.
Scott said buyer intensity for new listings is higher today than a year ago. “We continue to have very strong buyer demand as the typical seasonal slowdown begins for new listings.” Other industry leaders agreed seasonal adjustments are underway.