Monday, May 08, 2006

Dramatic Increases In Inventory

The Northwest Multiple Listing Service sends a monthly press release with a summary of market activity, and it is continually updated on our site.

Check out the May release, which shows a 21% increase in regional inventory compared to the prior year, with higher county-wide increases in Grays Harbor (up 63.4 percent), Thurston (up 60.9 percent), Kitsap (up 35.2 percent), Pierce (up 29.2 percent), Island (up 26.6 percent) and Kittitas (up 25 percent).

What does this imply for you?