Current Market Data

Flattening homebuyer budgets indicate price growth will begin to slow

Redfin economists say they expect the cooldown in budgets to lead to a cooldown in price growth over the next few months. 

Mortgage application rates fall to lowest level in more than 20 years

Worsening affordability challenges are affecting first-time homebuyers

Puget Sound housing inventory on the rebound

Active listings in May were the highest in 18 months, according to the latest Northwest MLS housing activity report.

May marks turning point in housing frenzy, homebuyers starting to regain control

The shift comes at a great cost as rising mortgage rates continue to keep buyers out of the market.

Seattle home prices show no signs of slowing in March S&P CoreLogic Case-Shiller Index 

Nationally, the index posted its highest annual increase ever.

Home prices decelerate, as the housing market downshifts

With affordability reduced, some buyers are pulling back from the market forcing sellers to adjust their price expectations.

Seattle-area housing payments up 58% from last year

Soaring home prices and markedly diminished inventory are suppressing housing affordability for many nationwide.

Pending-home sales fall to 10-year low 

Nevertheless, home prices are expected to continue rising through the end of the year, according to the National Association of REALTORS®. 

Where does Seattle land on list of greenest cities?

Seattle rated in the top 10 for electric vehicles, vegan options, public transportation and emissions.

New residential sales fall in April as home prices, mortgage rates continue to climb 

The rate of new single-family home sales fell 16.6% from March’s revised number, while the median sales price jumped to $450,600 from March’s revised median house price of $435,000. 

Oops! We could not locate your form.