Seattle Agent’s top 5 local news stories of 2022

by Seattle Agent

Local real estate professionals need local news — and that’s where Seattle Agent comes in. Throughout the year, we cover many, many stories about the goings-ons in and around Puget Sound real estate, from breaking stories to researched lists. Here are the Seattle-area real estate stories that generated the most page views in 2022.

No. 1: Seattle median home price hits $758,000

Seattle home prices seemed to hit their peak in late spring, when the median home price surpassed three-quarters of a million dollars.

No. 2: Mortgage payments up 55.2% in Seattle, as housing affordability hits 15-year low

Rising home prices and mortgage rates combined to make housing affordability in the Seattle area drop to its lowest point since the mid-2000s.

No. 3: John L. Scott CEO J. Lennox Scott shares the essentials for client consultations in 2022

In an exclusive interview with Seattle Agent, J. Lennox Scott offered his advice for managing client expectations as the real estate market shifted away from the frenzy of 2021.

No. 4: Mortgage lender Geneva Financial opens new branch in Seattle

In June, Geneva Financial announced it was opening a new branch in Seattle, led by manager Nadia Raknai.

No. 5: Northwest MLS alters compensation rules for brokers

Northwest MLS updated its rules for compensation and transparency in a move it said ultimately would be better for homebuyers and sellers.

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