Agent News

What’s the future of Seattle real estate for 2022?

While buyer preferences for more space — both inside and outside the home — remain and supply chain issues continue to stifle home construction efforts, other factors, such as the potential increase in interest rates, are expected to change the game in 2022.

Seattle buyers can’t get enough of its waterfront estate

Prices of Seattle waterfront homes are steadily rising, particularly in King County, where waterfront property has been historically expensive. 

Are investors to blame for low housing inventory?

Nationally, investors bought a record 18% of homes sold in the third quarter of this year, and they are increasingly turning to single-family homes, according to Redfin. 

Redfin: Homebuying demand reaches all-time high

The demand for housing in the U.S. has reached a new all-time high since 2017, a rare occurrence for this time of year when the market typically slows. According to a Redfin report, a recovering economy and all-time low mortgage rates are critical factors in the current market. 

Coldwell Banker survey gauges importance of homeownership among Americans

As the economy recovers from COVID and the housing market gains traction, homeownership is top of mind for Americans, according to the latest survey from Coldwell Banker Real Estate LLC.

Tech hot spots seeing high renter migration

As dramatic rent prices impact states across the nation, renters are searching for more affordable places to call home. Nationally, the median rent price is up over 16% since January, with some cities seeing double that, according to a recent Apartment List report.

Seattle ranked as fourth priciest city for renters in Washington

Seattle is the fourth most expensive city in Washington for renters, according to a recent Zumper report. The report analyzed active listings last month in 11 metro cities.

Second-home demand up 70% from pre-pandemic levels

Demand for second homes was up 70% from pre-pandemic levels in October, according to a new report from Redfin. This outpaced August’s 48% gain but was below January’s record 91% growth.

Windermere Realtor honored with SKCR ‘Good Neighbor’ designation

Seattle King County Realtors (SKCR) has named Realtor Tom Bernard its Q4 “Good Neighbor” for his volunteer work with Ballard Food Bank.

NAR Board of Directors meeting reveals statistics about member dues, operations

As of Sept. 30, the National Association of Realtors (NAR) had collected $229.6 in dues from its 1.542 million members, according to a RealTrends report.

Seattle real estate agent named to LGBTQ+ top producers list

Seattle real estate agent Brad Davis was named to the inaugural LGBTQ+ Real Estate Alliance’s Top Producers list. The list, which honors more than 200 individual agents and teams, was created with RealTrends to become the industry’s only recognition of top-producing LGBTQ+ and ally members

Millionaire German shepherd to sell Miami mansion formerly owned by Madonna

The world’s wealthiest dog is about to get a little richer. Worth nearly half a billion dollars, the German shepherd named Gunther VI recently listed the former Miami estate of Madonna for $31.75 million, according to a press release.

@properties goes global with purchase of Christie’s International Real Estate

@properties is continuing its expansion strategy on an international scale, announcing today its plan to purchase Christie’s International Real Estate.

Buyer hesitancy, weather change possible factors in October’s slow market activity

Real estate brokers are “detecting indecisiveness by some buyers who are getting mixed ‘work from home’ messages from their employers,” according to a report by the Northwest Multiple Listing Service (MLS). This hesitancy, coupled with cooler, wetter weather and

Seattle King County REALTORS® raises housing funds for victims of disaster

Seattle King County REALTORS® (SKCR) has partnered with the REALTORS® Relief Foundation (RRF) to raise money for disaster victims who need housing-related assistance. These fundraising efforts are part of RRF’s Hope Rising campaign in celebration of its 20th anniversary.

Coldwell Banker Bain sells to national firm

Bellevue-based real estate brokerage Coldwell Banker Bain has been sold to US RES Holdco LLC, according to a report by The Business Journal. 

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