Buyers are still buying homes in the Walla Walla Valley, but we are seeing a return to some creative financing methods as motivated home buyers and sellers grappled with higher mortgage rates. Brokers reported seeing more 2/1 buy-downs and adjustable rate mortgages with buyers planning to refinance when the rates come back down.   Inventory […]

We are technically still in a seller’s market but it is becoming a more favorable market for buyers in the Walla Walla Valley. Here’s what happened in September:   Closing numbers were good but off last year’s pace.  Through the first three quarters of the year closed home sales are 12% off the record-setting pace […]

Walla Walla Real Estate Update – August 2022   Sales and price growth are slowing in the Walla Walla Valley but we are still experiencing a seller’s market.  Here’s what happened in August: The Seller’s Market Continued. Listing inventory remained well below the 4-6 months range that economists consider being a balanced market. But inventory […]

Walla Walla Real Estate Update – July 2022   New statistics from the Northwest Multiple Listing Service confirm reports of a shifting housing market in the Walla Walla Valley. That shift is benefitting buyers. They now have more homes to choose from and a bit more time to look. Inventory continued year-over-year growth. In July, […]