Current Market Data
RE/MAX report says the average home in the Seattle metro area sells in just 12 days, the second-fastest in the U.S. behind only Nashville.
The study suggests that the best work-from-home conditions include low costs, reasonable comfort and a high level of security.
Rising interest rates and home prices have taken a toll on would-be homebuyers’ purchasing power, leading to increased inventory and another monthly slowdown in sales.
Single-family home starts declined compared to February, while new apartment construction was up, according to government statistics.
Builder sentiment has taken a hit from an unexpectedly sharp increase in mortgage rates and continued disruptions in the supply chain, according to the National Association of Home Builders’ monthly survey.
Median prices increased and average days on the market plummeted in the Puget Sound region during the first quarter of 2022.
If you’re planning to sell your home this spring, get moving. A new report from Zillow says listing it on a Thursday in late April will reap you the greatest reward.
Investor activity showed early signs of slowing during Q4 of 2021, down from the historic highs seen in the second and third quarter, CoreLogic’s latest analysis reveals.
Report finds buyers are backing off from buying second homes, but what’s causing the turnaround?
New listings, pending sales and the median home price all jumped dramatically in March compared to February within the NWMLS footprint
Surging mortgage prices deterring more buyers
Our expectations and desires have shifted, with renters searching for more space — often at a higher price tag. And, according to a new study from RentCafe, that’s especially true in Seattle.
eXp Realty in Bellingham led the way at No. 4 on the list with $132 billion in sales volume and more than 355,000 transactions in 2021.
With fewer people putting their homes on the market, prices continue to skyrocket.
The decrease comes as interest rates continue to climb, according to the Mortgage Bankers Association.
“Buyer demand is still intense, but it’s as simple as ‘one cannot buy what is not for sale.” — National Association of REALTORS® chief economist Lawrence Yun
