Trends

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MBA: Mortgage applications rise on lower rates 

Interest rates on mortgages of all types declined last week, spurring an uptick in borrowing, the Mortgage Bankers Association reported. 

How far will a $1,500 rent budget get you in Washington?

A $1,500 monthly rent budget will only get you so far in many of the biggest cities in the country. But how far can that same budget get you in Washington?

One-fifth of all Americans rent storage spaces — what that says about renters’ growing need for space

The need for more space is common among all self-storage users: 40% of survey respondents listed this as their primary reason for renting storage space.

NAR: Low inventory drives pending-home sales lower in March  

High demand drove multiple offers on about a third of pending sales, while 28% of homes sold above list price, the National Association of REALTORS® reported. 

The 10 most expensive new listings in Seattle

The top 10 most expensive listings added to the Multiple Listing Service in the past month include a downtown penthouse and a charming houseboat.

March brings rise in single-family construction 

U.S. government data shows builders increased the pace of single-family home construction while slowing the pace of multifamily starts. 

NAHB: Builder confidence rose again in April 

The National Association of Home Builders/Wells Fargo Housing Market Index rose for the fourth month in a row in April as the construction industry remained “cautiously optimistic.”     

Seattle is one of the best cities to move to after graduation

Seattle ranked at No. 3 overall, behind Madison, Wisconsin (No. 1) and Minneapolis (No. 2).

Mortgage rates decline for fourth consecutive week

This was the fourth week in a row of declines, leaving prospective buyers hopeful for sustained low rates throughout spring homebuying season.

Renovations that can boost your bottom line

One of the best ways sellers can make their home stand out in today’s market is by upgrading their space with luxury renovations and amenities.

Sizing up from a condo to a house in Seattle

Condominium owners looking for more space, access to outdoor areas and increased distance from neighbors often consider a detached home to be a natural upgrade. But are these upsizing dreams actually attainable?

Seattle is the city most poised for a switch to electric vehicles

What makes the Puget Sound area so well-suited for an electric car revolution?

Optimism for spring selling season grows with third monthly rise in pending sales 

The National Association of REALTORS® Pending Home Sales Index rose for the third month in a row, suggesting the housing market’s contraction could be “coming to an end.” 

Pace of annual home-price gains slows again in latest Case-Shiller; Seattle sees 5.1% decrease

In Seattle, home prices fell 5.1% on a yearly basis and 1.4% on a monthly one. 

The 10 most expensive new listings in Seattle

Two of the most expensive new listings were posted by Laura and Katherine Halliday of Realogics Sotheby’s International Realty.

New-home sales rise 1.1% in February as median-sales price surges 

The supply of new homes for sale ticked lower from February, according to government figures.

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