Edmonds Beacon - Your Hometown News Source

Housing market inventory is increasing!

 

Last updated 7/26/2018 at Noon



Finally! We are at a point where we now have some homes on the market, 1.2 months of inventory to be exact. While this may seem low, it’s actually great news as we were just sitting at a couple days of inventory.

Housing prices are not dropping due to the inventory increase though. This is worrisome for renters as they are slowly being priced out of homes.

The only advice that we can give is to apply and see what you are approved for. Most clients are actually surprised at how much house they can afford. The application takes 15 minutes and we can get you approved you in 24-48 hours!

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