Trends

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Report: Average home changes hands every 12 years

People staying in their homes longer is contributing to the lack of inventory that continues to impact buyers.

Annual home-price gains slow in latest Case-Shiller as Seattle sees a decline

The S&P CoreLogic Case-Shiller U.S. National Home Price Index rose 5.8% year-over-year in December, compared to a 7.6% gain in November.

NAR: Pending-home sales jump in January 

The 8.1% month-over-month increase in the National Association of REALTORS® Pending Home Sales Index was the largest gain since June 2020. 

New-home sales jump 7.2% in January 

The median sales price of a new home declined on both a monthly and yearly basis, however, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.        

More homes in Seattle are selling below list price

The RE/MAX National Housing Report shows that increasing numbers of Seattle-area homes are selling below their list price.

The 10 most expensive new listings in Seattle

Here’s a look at the 10 most expensive listings posted in the last 30 days in Seattle, as well as the brokers who listed them.

NAR: Existing-home sales post 12th monthly decline in January, as prices rise again 

The 30-year fixed-rate mortgage averaged 6.32% as of Feb. 16, up from 6.12% a week before and 3.92% a year earlier. 

Seattle has the smallest apartments in the country

The average size of new apartments across the country has decreased by 30 square feet year over year, according to a new report from RentCafe.

While homebuying season may feel calmer, Zillow says expect competition

According to a new analysis from Zillow, there will still be competition for affordably-priced houses this homebuying season.

Mortgage applications decline after rate increase 

The pace of mortgage applications fell 7.7% in the week ended Feb. 10, the Mortgage Bankers Association reported. 

Builder confidence jumps in February 

Builder confidence rose for the second consecutive month in February with a seven-point increase that brought it to its highest level since last September, the National Association of Home Builders said. 

MBA: Mortgage applications jump on lower rates 

The 30-year fixed rate fell for the fifth week in a row, giving a lift to lending activity, the Mortgage Bankers Association said. 

Multigenerational homebuying nears all-time high

Multigenerational homes are defined by NAR as homes where families live under the same roof with grandparents, adult children or other extended family members.

These Seattle-area cities have the fastest-growing home prices

Average home values in Skykomish have more than doubled from five years ago.

Decreasing mortgage rates mean buyers and sellers are returning to the market

Homebuyers can now afford $400,000 homes with $2,500 monthly budgets for the first time in four months, according to a new report from Redfin.

New-home sales rise in December 

The median sales price of a new home was down on a monthly basis but up on an annual one. 

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