Current Market Data

When’s the best time to get a deal on a home in Seattle?

Mid-week price cuts offer the most bargains in today’s market.

Housing starts slow in October but remain elevated 

The number of homes under construction rose during the month, as homebuilders continued to work through a large backlog of homes. 

MBA: Mortgage applications rebound on lower rates 

The largest single-week decline in conventional mortgage rates since July brought the first increase in home-loan applications since September, the Mortgage Bankers Association said. 

Home-price growth slows as early-stage demand levels off

It’s not the only metric decelerating in today’s market. Inflation is also starting to slow which is helping bring down mortgage rates.

Seattle ranked one of the best metro areas for cashing in on downsizing

Downsizing from a four-bedroom home to a two-bedroom home in the Seattle area would save the typical homeowner nearly $298,000.

Market changes put buyers in the driver’s seat

From dropping home prices, increased inventory and homes staying on the market longer, today’s buyers should look at the upside to what the market means for their prospects.

Northwest MLS housing inventory reaches highest point since January 2019

The increased inventory represents a shift in the market driven primarily by rising interest rates, experts said.

Homebuyer demand stabilizes as mortgage rates dip

Homebuyer demand is starting to stabilize as October home sales posted the largest decline since 2015, according to a new report.

Seattle named one of the cities with the best real estate prospects in 2023

The 44th edition of the in-depth forecast report examined 80 cities to determine trends in the real estate industry for 2023.

Homes staying on the market longer, sellers feeling the pressure

The median age of inventory in Seattle is 42 days, down from 46 before the pandemic began.

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