Current Market Data
Brokers from Windermere Real Estate branches are the listing agents for half of the top 10 most expensive new listings in Seattle.
Seattle home sales rose 27.4% year over year in October, according to the latest RE/MAX National Housing Report.
Multifamily construction, meanwhile, rose on a monthly basis.
Buyers had been sitting on the sidelines awaiting the election’s outcome, as well as drops in mortgage rates, but they are back and looking to buy.
Homeowners and buyers will prioritize nostalgic, old-world design sensibilities juxtaposed with modern sustainability technologies next year, according to Zillow.
Mortgages rates fell to 6.08% at the end of September, offering a brief respite for buyers in the Northwest region.
Looking ahead, the CoreLogic Home Price Insights report predicts home prices will dip by 0.1% in October on a month-over-month basis.
A growing number of renovating homeowners now classify their primary bathroom as a “wet room,” according to the 2024 Houzz Bathroom Trends Study.
September pending home sales rose 7.4% to their highest level since March, according to the National Association of REALTORS®.
Sustainability and housing affordability are on the top 10 list.
The S&P CoreLogic Case-Shiller U.S. National Home Price Index hit a new record in August, marking the 15th month in a row of new highs.
The median price of a new home sold during the month was also up, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
Sales slid 1% compared to August, the National Association of REALTORS® said.
Washington was one of six states with more than one ZIP code on the list.
Multifamily starts, meanwhile, declined, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said.
October’s increase comes as inflation slows and mortgage rates decline.