Local News

Real estate news in Seattle

Luxury homes sales take off in Seattle
Luxury homes sales take off in Seattle

How luxurious is the American real estate market? You may be surprised.

Windermere teams up with UW on Aspire intern program
Windermere teams up with UW on Aspire intern program

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.

Homebuying competition lessens in Seattle. Could the market be losing steam?
Homebuying competition lessens in Seattle. Could the market be losing steam?

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. 

How long would it take a Seattle renter to save up for a down payment in today’s market?
How long would it take a Seattle renter to save up for a down payment in today’s market?

It could take Seattle-area renters more than 12 years to save for a down payment in today’s market.

Median rental price hits highest point in two years
Median rental price hits highest point in two years

Despite an average nationwide uptick, Seattle rents declined year over year in May.

New listings growth seen across U.S. markets in June
New listings growth seen across U.S. markets in June

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. 

Seattle apartments are growing to accommodate working from home
Seattle apartments are growing to accommodate working from home

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.

Thousands of Seattle-area homes sell for $100K over asking price
Thousands of Seattle-area homes sell for $100K over asking price

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.

Seattle home inventory levels rebounded in May
Seattle home inventory levels rebounded in May

Inventory levels rebounded last month, finally showing signs of recovery following a year of historical declines.

Seattle area in a 4-way tie for fastest-selling homes at 12 days
Seattle area in a 4-way tie for fastest-selling homes at 12 days

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.

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