Trends

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Smaller markets lead the way in Q1 home-price gains; Seattle sees 14.2% rise

Seventy percent of the 185 metros surveyed by the National Association of REALTORS® saw double-digit price gains in the first quarter, compared to 66% in the preceding period. 

Mortgage applications fall as rates hit 13-year high 

Overall mortgage-application volume was at its lowest level since 2018, the Mortgage Bankers Association said.

Home prices climb nationally and in Seattle, which ranks No. 7 for annual percentage growth

Home prices nationwide continued to climb higher in February compared to 12 months ago, according to the S&P CoreLogic Case-Shiller Indices.

New-home sales fall again in March 

Low inventory and rising interest rates have reduced prospective homebuyer purchasing power. 

Washington ranked No. 8 state for retirement, according to RetirementLiving analysis

The report uses 13 data sources and reader feedback to measure states on cost of living, quality of life, health care and other categories.

Washington ranked eighth for most favorable remote work conditions

The study suggests that the best work-from-home conditions include low costs, reasonable comfort and a high level of security.

NAR data shows another dip in existing-home sales 

Rising interest rates and home prices have taken a toll on would-be homebuyers’ purchasing power, leading to increased inventory and another monthly slowdown in sales. 

Overall new-home construction rises in March despite slowdown in single-family

Single-family home starts declined compared to February, while new apartment construction was up, according to government statistics.

Builder confidence falls again as housing market faces ‘inflection point’

Builder sentiment has taken a hit from an unexpectedly sharp increase in mortgage rates and continued disruptions in the supply chain, according to the National Association of Home Builders’ monthly survey. 

Seattle-area luxury properties snapped up faster than ever, John L. Scott market trends report shows 

Median prices increased and average days on the market plummeted in the Puget Sound region during the first quarter of 2022.

When’s the best time to sell a home in Seattle?

If you’re planning to sell your home this spring, get moving. A new report from Zillow says listing it on a Thursday in late April will reap you the greatest reward.

Investor homebuying stalled dramatically in Q4 2021: a CoreLogic analysis

Investor activity showed early signs of slowing during Q4 of 2021, down from the historic highs seen in the second and third quarter, CoreLogic’s latest analysis reveals.

Is the pandemic-driven second home buying boom over?

Report finds buyers are backing off from buying second homes, but what’s causing the turnaround?

Is the real estate market starting to shift?

Surging mortgage prices deterring more buyers

How much space does $1,500 get you in Seattle?

Our expectations and desires have shifted, with renters searching for more space — often at a higher price tag. And, according to a new study from RentCafe, that’s especially true in Seattle.

Four Washington-based firms land on RealTrends top brokerages list

eXp Realty in Bellingham led the way at No. 4 on the list with $132 billion in sales volume and more than 355,000 transactions in 2021.

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