Current Market Data

More homes in Seattle are selling below list price

The RE/MAX National Housing Report shows that increasing numbers of Seattle-area homes are selling below their list price.

The 10 most expensive new listings in Seattle

Here’s a look at the 10 most expensive listings posted in the last 30 days in Seattle, as well as the brokers who listed them.

NAR: Existing-home sales post 12th monthly decline in January, as prices rise again

The 30-year fixed-rate mortgage averaged 6.32% as of Feb. 16, up from 6.12% a week before and 3.92% a year earlier. 

Seattle has the smallest apartments in the country

The average size of new apartments across the country has decreased by 30 square feet year over year, according to a new report from RentCafe.

While homebuying season may feel calmer, Zillow says expect competition

According to a new analysis from Zillow, there will still be competition for affordably-priced houses this homebuying season.

Mortgage applications decline after rate increase

The pace of mortgage applications fell 7.7% in the week ended Feb. 10, the Mortgage Bankers Association reported. 

Builder confidence jumps in February

Builder confidence rose for the second consecutive month in February with a seven-point increase that brought it to its highest level since last September, the National Association of Home Builders said. 

As spring market approaches, Seattle buyers are getting more for their money

With the spring housing market just around the corner, homebuyers are getting more for their money as their mortgage payments are stretching further than they have in recent months.

ATTOM: Nearly half of all US properties considered equity-rich

Forty-eight percent of mortgaged homes were equity rich in the fourth quarter of last year.

MBA: Mortgage applications jump on lower rates

The 30-year fixed rate fell for the fifth week in a row, giving a lift to lending activity, the Mortgage Bankers Association said. 

Approaching a “new normal market” in Northwest MLS

Pending sales in the Northwest MLS reached the highest level since October, according to January Northwest MLS report.

Multigenerational homebuying nears all-time high

Multigenerational homes are defined by NAR as homes where families live under the same roof with grandparents, adult children or other extended family members.

These Seattle-area cities have the fastest-growing home prices

Average home values in Skykomish have more than doubled from five years ago.

Decreasing mortgage rates mean buyers and sellers are returning to the market

Homebuyers can now afford $400,000 homes with $2,500 monthly budgets for the first time in four months, according to a new report from Redfin.

Redfin: Housing market has started to recover

Homebuyers are returning, but sellers still aren’t filling the need as inventory remains low.

Home sales improve as more buyers return to the market

Homebuyer demand is rising, as mortgage applications rose 28% since November, and more prospective buyers are scheduling home tours.

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