Trends

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In Seattle, mobile app identifies graffiti hot spots and more
In Seattle, mobile app identifies graffiti hot spots and more

Taggers, hoping to leave their mark — quite literally — have marred and maligned street signs, bus stops, freeways, public buildings, even private property. The city’s Find It, Fix It app aims to remedy the situation.

August pending-home-sales growth slowest since June 2020
August pending-home-sales growth slowest since June 2020

Pending home sales in August rose just 9%, the slowest growth since June 2020, according to a new Redfin report.

Pending home sales up 6% from 2020 despite dwindling listings
Pending home sales up 6% from 2020 despite dwindling listings

A decline in new home listings has had little impact on the market as far as demand is concerned, according to a recent Redfin report.

Home prices are 40% more affordable than at housing boom height
Home prices are 40% more affordable than at housing boom height

Income levels and mortgage rates gave homebuyers in June 129% more house-buying power than they had in 2006, according to First American Financial Corp.’s June Real House Price Index.

Tacoma and Spokane rank among top ten ‘Zoom cities’
Tacoma and Spokane rank among top ten ‘Zoom cities’

Home markets where demand is extremely high, like Tacoma and Spokane, are being dubbed “Zoom cities.”

Seattle Housing Scorecard: Housing starts rose, housing inventory fell in August
Seattle Housing Scorecard: Housing starts rose, housing inventory fell in August

Housing inventory fell in Seattle during August, while housing starts and existing-home sales rose.

New-home sales plummet in July
New-home sales plummet in July

Also during the month, the median sales price rose to $390,500 from $370,200 in June, according to the U.S. Census Bureau and the Department of Housing and Urban Development.

What do buyers want to see in your real estate listing marketing?
What do buyers want to see in your real estate listing marketing?

You might be surprised by the results of this survey.

New-home construction falls in July
New-home construction falls in July

“The bright spot in an otherwise underwhelming report comes from the increase in the overall number of permits issued, which can signal how much home construction is in the pipeline.” — First American deputy chief economist Odeta Kushi

New listings rose in July as more affordable options hit the market
New listings rose in July as more affordable options hit the market

Smaller, more affordable homes are hitting the market, helping moderate median list prices, according to Realtor.com.

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