Local News

Real estate news in Seattle

Seattle among most neighborly cities in America

StorageCafe surveyed 11,000 Americans to determine what, exactly, makes a friendly community — and where those communities are.

Washington among best states to own a ‘tiny home’

The financial service provider IPX1031 has conducted a study to determine the overall best states in which to own a tiny home.

Home supply sees largest decline since pandemic’s start

December housing sales fell lower than they have since the start of the pandemic, a new Redfin report found.

Mortgage applications, interest rates rise first week of January

“MBA expects solid growth in purchase activity this year, as demographic drivers and the strong economy support housing demand,. However, the strength in growth will be dependent on housing inventory growing more rapidly to meet demand.” — Mortgage Bankers Association associate vice president of economic and industry forecasting Joel Kan

Could smaller homes help solve housing shortage in Washington?

Renton’s Permit Ready Accessory Dwelling Unit (PRADU) program may offer some respite from the state’s current housing crisis

Study: Washington ranks last in housing availability

Washington has been hit harder by the housing crisis than any other state, according to a new study by the Washington State Department of Commerce. Washington ranks last among 50 states in the ratio of housing units to the number of existing households, the EcoNorthwest study revealed.

SKCR: Transit-oriented grants an ‘absolute necessity’ for solving housing crisis

The Washington State Department of Commerce has awarded $2.4 million in Transit-Oriented Development Implementation (TODI) grants to 11 communities to review zoning areas served by current or forthcoming high-frequency bus service and light-rail transit.

Bellevue offers assistance with overdue rent, mortgage payments

The city of Bellevue is offering mediation to help tenants and landlords negotiate repayment of overdue rent resulting from the COVID-19 pandemic, according to a report by Seattle King County REALTORS® (SKCR).

King County residents cite high housing costs as No. 1 reason to relocate

More than half of King County residents plan to move out of the area in the next five years, according to a recent survey conducted by DHM Research and Quinn Thomas. 

Enumclaw expands Multi-Family Tax Exemption program

Enumclaw’s city council recently expanded the city’s Multi-Family Tax Exemption (MFTE) program, a move that many hope will reverse decades-old development patterns and stimulate construction of new multifamily housing, according to a report by Seattle King County REALTORS® (SKCR). 

S&P CoreLogic Case-Shiller: Seattle home prices continue their climb 

Nationally, housing prices were also on the rise, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. 

Seattle, Tacoma popular among renters this year

Seattle and Tacoma were among the top 50 most competitive rental markets in 2021, according to a year-end report from RentCafé.

Governor proposes legislation to address Washington’s housing crisis

Legislation proposed this month by Washington Governor Jay Inslee could significantly impact the state’s housing supply and affordable homeownership crisis. 

Omicron worries push mortgage rates down

Fears of an economic fallout are causing long-term U.S. mortgage rates to fall as the newest COVID-19 strain reignites worry among Americans. 

Seattle Agent’s top 10 local news stories of 2021

Check out the local stories which most interested our Seattle readers in 2021.

Seattle tops list of markets with the most home showings in November

The holiday season has done little to deter home buyer demand as the number of real estate showings at new property listings is heating up across the country. New listings in 13 housing markets averaged double-digit showings in November, according to the latest data from ShowingTime. 

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