Summer is over, but the real estate market is just catching up.
The heyday for the market is typically between May and October, when the sunshine makes for nice pictures and easy open houses. Which means that the final month is here to take advantage of the housing market before the fall drop-off.
"Over the winter, new monthly resale listings will lower by approximately 50 percent compared to summer months," J. Lennox Scott, chairman and CEO of John L. Scott Real Estate, said in the latest Northwest Multiple Listing Services report, noting that it's been quite a season for Seattle's market.
"The housing market close to the job centers has gone from a historic extreme-frenzy market in the spring down a few levels of hotness to a strong level of pending sales activity for new listings."
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