Real estate news in Seattle
How luxurious is the American real estate market? You may be surprised.
The eight-week Aspire internship program, launched on July 13, focuses primarily on the single-family and multi-family residential real estate market in the Seattle area.
The competitive homebuying market showed signs of loosening up last month as bidding wars dropped from May despite being higher than they were a year ago.
It could take Seattle-area renters more than 12 years to save for a down payment in today’s market.
Despite an average nationwide uptick, Seattle rents declined year over year in May.
Housing markets across the country saw new listings growth in June, as the median list price hit yet another all-time high, and Seattle was no exception.
New construction apartments are getting bigger in Seattle and other major markets after shrinking in size from 2016 to 2020, according to a recent study by RENTCafe and Yardi Matrix.
More than 4,500 homes in the Seattle metro area have sold for more than $100,000 over their asking prices this year, and 580 of those fetched more than $300,000 over the asking price, according to a new Redfin report.
Inventory levels rebounded last month, finally showing signs of recovery following a year of historical declines.
The typical increase in home sales as summer approaches failed to materialize nationwide last month, with average sales dropping 0.2% from April to May, while month-over-month sales in Seattle bucked the trend slightly, climbing 0.4%, according to the RE/MAX May National Housing Report.