August Was the Hardest Month Since 2022. Here’s What I’m Watching Now.

August Was the Hardest Month Since 2022. Here’s What I’m Watching Now. — Salmon Bay Bridge raised over the Ship Canal in Ballard — Elev8 Realty Group at Compass

August confirmed at −7.7% on the Market Pulse, the steepest reading since the 2022 correction, with homes closing below asking for the first time this year. The September estimate is still negative but the decline stopped accelerating. Volume 007: the trough, the Jackson Hole shock, and a new NWMLS listing status.