Take a look at this market recap for both Whatcom & Skagit counties! As you can see, inventory for both areas is still quite low. The interesting thing to me is that there are still lots of transactions taking place (noted in the “pending” columns). Conventional wisdom predicted that higher interest rates would reduce buyer participation and inventory levels would increase dramatically. So far, the opposite has happened. Also interesting is that Skagit County is almost on par numbers wise as Whatcom County. Let me know what you think.
Leave a Reply