National News
“Santa gets a peek into millions of homes each year. Now, millions of Zillow surfers are getting a peek into one of the most famous homes in the world,” Amanda Pendleton, Zillow’s home trends expert.
The 30-year fixed-rate inched to 6.42%, which is still close to the lowest rate in a month, the group said.
Seattle ranked No. 31 overall and Tacoma was No. 38. Both led the state with nine museums apiece.
“Real estate technology continues to undergo a significant transformation, and the startups selected for the REACH program will play a critical role in helping to drive that change,” said Bob Goldberg, CEO of NAR and president of SCV.
Homes are lingering on the market longer, up 15% from last year during the four weeks ended Dec. 4, marking the largest uptick in home supply since 2015.
Sue Yannaccone, CEO of Anywhere Brands, will lead the brokerage as M. Ryan Gorman moves to a strategic-advisor role.
Homebuyer demand is rising as mortgage rates continue to decline, according to a new Redfin report.
The projected year-over-year change in home sale transactions in the Seattle-Tacoma-Bellevue region is -10.3%.
October’s 4.6% monthly drop follows a 10.2% decline in September, the National Association of REALTORS® reported.
Housing prices were down in all 20 cities tracked by the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index.
New-home sales rose 7.5% month over month, while the median price of a new house surged to $493,000 from $455,700 in September and $427,300 a year ago, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.
The pace of new single-family home sales, meanwhile, fell 6.1% from September to 598,000.
Seattle came in at No. 39 in this year’s 2023 World’s Best Cities Report, a comprehensive annual study by Resonance Consultancy.
In the wake of this new rule, FHA borrowers will have a choice between federal flood insurance and private flood insurance.
The brand will specialize in cottage-style homes with private backyards.
From January through October of this year, the King County ZIP code had a median home sale price of $4.75 million.