05/14/2026
What are your thoughts?
https://www.facebook.com/share/p/1Jg1rGQU5z/
Seattle Red: "Seattle is drowning in homes that nobody is buying. And that, according to one real estate analyst tracking the data closely, finally puts buyers in the driver’s seat.
"Nick Gerli, CEO of the Reventure App, posted on X Sunday that the Seattle metro is experiencing what he called a 'historic inventory shock,' with active listings now running at nearly double their normal level for this time of year …
"Gerli attributed the surge to forces the region has been dealing with for years. 'This is happening due to layoffs, a historic lack of affordability, and increased outbound migration,' he wrote."