Trends
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Young homeowners are the most likely to regret their home purchases: 94% of Gen Z and 86% of Millennial sellers acknowledged buying mistakes, compared to 48% of baby boomers.
Traditional charm, modern simplicity and an intentional combination of the two are on-trend for 2025 based on the big winners of the just-released 2024 Best in American Living Awards.
Nationally, home sales were down 2.6% year over year and up 8.4% month over month, RE/MAX said.
Several condominium penthouses are among the 10 most expensive properties listed in Seattle last month.
The Emerald City is a perfect match for homeowners looking to downsize in their golden years, according to research from Mirador Living.
The median existing-home price was also on the upswing last month, providing homeowners a bit of refuge as the stock market undergoes a correction, Chief Economist Lawrence Yun said in the monthly report.
The pace of new-home construction was higher than economists expected, even as homebuilders expressed concern about the impact of tariffs and supply-side challenges.
A $10.5 million transaction tops the list of the most expensive homes sales in the greater Seattle area last month.
If you have a would-be seller close to getting ready to put their home on the market, now’s the time to prepare.
Falling consumer sentiment suggests potential homebuyers are wary of the short-term economic outlook and future inflation, CoreLogic Chief Economist Selma Hepp said.
Furthermore, 13% of homeowners said they’d take their home off the market if they learned their ex was considering buying it.
At the same time, the median sales price for a new home hit its highest level since 2022, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
In Seattle, home prices posted a 5.61% year-over-year gain in December, while they slid 0.3% month over month.
Waterfront views are a common theme among this month’s roundup of the 10 most expensive new listings in Seattle.
At the same time, builder sales expectations for the next six months posted their second-largest drop since the sentiment index started in 1985.
These were the most expensive homes sold in the greater Seattle area last month, led by a $21.5 million waterfront home in the Lawtonwood neighborhood.
