A 15% rise in applications for adjustable-rate mortgages drove overall mortgage applications higher in the most recent weekly survey. 

New home listings are still on the rise, despite mortgage rates hitting the highest level in more than 20 years. And those high mortgage rates are pushing monthly housing payments higher than they’ve ever been.

Active property listings fell 20% during the month. Meanwhile, home sales fell in 23 of the 26 counties in the NWMLS region.

In King County, prices rose by 1% annually in Q3 — and that appreciation outpaced local wage increases, as in 47% of counties analyzed.

Point2Homes analyzed listings in every U.S. state and Washington, D.C. to determine the most expensive home for sale in each.

Regionally, pending sales were down across the board on both a monthly and an annual basis, the National Association of REALTORS® said. 

Among the top upgrades: large showers.

Seattle’s housing market ranked as the eighth-most valuable in June with a total dollar value of $1.076 trillion.

Active inventory fell by 32.6% year over year in Seattle last month — that’s among the highest rates of decline in the entire country.

Total housing inventory at the end of August was 1.11 million units, up 3.7% from July but down 14.6% on a year-over-year basis, the National Association of REALTORS® said. 

Canceled home-sales contracts hit their highest rate in almost a year as skittish homebuyers blanche at mortgage rates that are the highest they’ve been in more than 20 years

All listings were posted within the last 30 days in the city of Seattle.

A rise in new listings is finally giving potential homebuyers options as the summer market winds down.

What makes Seattle such a hospitable place for working parents? For starters, over one-fifth of the population in the Puget Sound area works remotely, the third-highest share of any city in the country.

Sidelined homebuyers can breathe a sigh of relief. According to Realtor.com, the best week of the year to buy a home is still ahead of us.

The median area for a new single-family home fell to 2,191 square feet in the second quarter — the lowest recorded size since 2010.