Current Market Data

Redfin: Climate change will exacerbate U.S. housing shortage

Climate change will negatively impact the already-stunted housing inventory in the U.S., according to a recent Redfin report.

Buyers well-prepared in face of competitive Seattle market

Despite low inventory and the competitive nature of the current market, buyers are well-prepared and ready to make offers, according to a recent report by Coldwell Banker Bain.  The housing shortage continued to be a problem as the third

Foreclosure activity on the rise, yet still far below historic norms

It’s been barely three months since the federal moratorium on foreclosures expired, but it’s starting to prove costly, as nationally, foreclosures are on the rise, having increased 67% from last year.

Zillow: Unprecedented housing market shift has had little impact on sellers

While the past year has been unprecedented in terms of economic change and a global pandemic, most U.S. home sellers’ experiences were similar to past years, according to Zillow’s latest consumer housing trends report.  Consistent with the past three

Insurance-based smart home technology saves homeowners in more ways than one

As remote work becomes the new norm for many homeowners, real estate professionals are encouraging clients to consider implementing insurance-based smart home technology into their homes. 

Housing market shows promise, despite low inventory

Overall, September’s housing market statewide remained robust, according to a new report from the Northwest Multiple Listing Service, but low inventory is still problematic. With single-family homes and condominiums combined, there were slightly more new listings last month (11,373)

Tacoma rents soar year over year

Median rents in the mid-sized port city currently run about $1,280 for a one-bedroom apartment and $1,680 for a two-bedroom — a rise of nearly 19% year over year.

Asking prices reach an all-time high as the market cools

Asking prices for homes reached an all-time high in September, despite pending sales and new listings cooling.

Mortgage rates spike at the end of September

Mortgage rates rose quickly last week. The 30-year fixed mortgage rate hit 3.01%, up 0.13% from the week prior.

Home prices more affordable than the 2006 housing peak

Housing affordability has changed across all 50 top markets, proving to be more affordable than it was during the previous housing peak, according to First American Financial’s latest Real House Price Index.

NAR: Pending home sales rebound in August

All four geographic regions saw increases, led by the Midwest, which clocked a 10.4% rise from July, and the South, where sales rose 8.6%. Pending transactions rose 7.2% in the West and 4.6% in the North.

How much can you save by downsizing? It depends on where you live.

Property values continue to rise and those looking to downsize can make the most of the current market highs, but how much you can save by downsizing can vary significantly depending on where you live.

ShowingTime: Seattle leads nation in home showings

A new report shows the market cooled in August, at least in terms of the number of prospective buyers looking at homes.

S&P CoreLogic Case-Shiller: Home-price gains set fourth record in a row

The 10-city composite index rose 1.4% on a monthly basis and 19.1% on a yearly basis, while the 20-city composite gained 1.5% monthly and 19.9% annually. 

Demand for second homes fell 19.3% in August

Fewer buyers were looking for vacation homes in August, as the demand for second homes dropped for the third month in a row.

New-home sales rise in August

The seasonally adjusted estimate of new houses for sale at the end of July was 378,000, representing a supply of 6.1 months at the current sales rate.

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