Trends

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70% of homebuyers still facing bidding wars
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.

Seattle home inventory levels rebounded in May
Seattle home inventory levels rebounded in May

Inventory levels rebounded last month, finally showing signs of recovery following a year of historical declines.

Out-of-town movers reshuffling to larger, more affordable homes
Out-of-town movers reshuffling to larger, more affordable homes

Rising property values had homeowners cashing out of their existing residences to buy bigger homes in less-expensive areas last year.

High-end home sales, prices jump as market flourishes
High-end home sales, prices jump as market flourishes

High-end home sales surged in the three months ended April 30 as prices also rose and listings increased.

Seattle home prices reach new highs in May
Seattle home prices reach new highs in May

Home-price growth remained in double digits for the 10th straight month in May as inventory lows pushed the median listing prices up 15.2% from last year.

COVID savings fuels millennial down payments
COVID savings fuels millennial down payments

First-time homebuyers found their long-term plans changed due to COVID.

RE/MAX: Recordbreaking median home sales price climbs again in April
RE/MAX: Recordbreaking median home sales price climbs again in April

The limited inventory that has plagued the housing market continued, although at an abated pace.

It’s a seller’s market, Fannie Mae survey shows
It’s a seller’s market, Fannie Mae survey shows

Americans believe it’s a much better time to sell a home than to buy one, according to Fannie Mae’s latest survey of home purchase sentiment.

Gen X and millennials want home gyms. Boomers? Not so much.
Gen X and millennials want home gyms. Boomers? Not so much.

Whether they’re still weary of going to a gym full of people or just looking to work off those extra pandemic pounds in privacy, homebuyers are increasingly prioritizing home exercise rooms.

Homes with family-friendly outdoor features selling fast
Homes with family-friendly outdoor features selling fast

Listing keywords associated with families and children, like community pools, nearby parks and cul-de-sacs, led to both faster-than-expected sales and higher premiums.

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