Real Data

Buyer hesitancy, weather change possible factors in October’s slow market activity

Real estate brokers are “detecting indecisiveness by some buyers who are getting mixed ‘work from home’ messages from their employers,” according to a report by the Northwest Multiple Listing Service (MLS). This hesitancy, coupled with cooler, wetter weather and

Rents continue surge in large metro areas

Rental prices are surging to an all-time high after dropping considerably in 2020 due to the pandemic. In September, median rents in the 50 largest metro areas in the U.S. jumped 13.6% compared to the same month last year,

Bidding wars eased in September dropping to a 2021 low

Boston and Raleigh had the highest bidding-war rates, as the rate fell to a 2021 low.

ShowingTime: Seattle leads nation in buyer demand

A new report shows that Seattle is leading the nation in showings to prospective home buyers, even as the cooler late fall and winter seasons approach.  Seattle recorded an average of 14 showings per listing in September, followed closely

September saw fewer homes sold, another increase in prices

Lack of inventory continues to restrict home sales as fewer homes sold in September, and closed home sales dropped.

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

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.

70% of homebuyers still facing bidding wars

Market competition has eased up recently, but seven in 10 buyers still face bidding wars, according to a new report from Redfin.

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