Oddly, the the NWMLS press release website is still showing last month’s release, and they don’t send the releases to me, so I guess we have to skip that part of the program this month. Read on for my take on this month’s local news reports.
Sanjay Bhatt, Seattle Times: King County home prices drop in August: ‘Just a hiccup’?
Rising interest rates could have thrown cold water on the market’s activity: The average rate on a 30-year fixed mortgage was 4.46 percent in August, up from 4.37 percent in July and a low of 3.35 percent last December, according to Freddie Mac.
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