Local News

Real estate news in Seattle

The “Queen of Lake Union” lists for $3.75 million

With uncompromising views and a spacious floorplan, the exquisite 4,800-square-foot floating home offers a slice of Americana on gleaming Lake Union. Also known as “Queen of Lake Union,” it is an entertainer’s dream come true.

Forecast sunny for interest rates, partly cloudy for first-time homebuyers

We spoke with real estate experts — Rachel Adler, managing broker with Windermere/East Inc.; Ron Kirse, Seattle district manager of U.S. Bank Home Mortgage; and Lysa Catlin, branch manager of Summit Funding in Kirkland — to get their thoughts on mortgage rates. Get an insider’s look on what to expect in the months ahead.

New Western opens first Washington state office in Seattle

New Western, a national real estate investment company, specializing in off-market properties, also known as pocket listings, has announced the opening of its office in Seattle.

iBuyers gain market share nationwide but remain low in Seattle market

For the first time, iBuyers, also known as instant buyers, clinched 1% of the overall market share of homes purchased nationwide, according to Zillow Research.

Seattle King County REALTORS  members credit education for business success

Real estate agents are crediting educational offerings — both in-person and virtual/on-line learning — for boosting their business success, according to a recent member survey conducted by Seattle King County REALTORS®.

Seattle Housing Scorecard: Housing starts rose, housing inventory fell in August

Housing inventory fell in Seattle during August, while housing starts and existing-home sales rose.

Redfin: Outflow of Seattle residents slowing

Wonder where Seattle residents are headed? You might be surprised.

Tudor-style castle lists in Magnolia for $2 million

Originally built in 1900, the charming abode, located at 1706 Magnolia Way West, received an addition by renowned Seattle architect Ralph Anderson, a modernist and a preservationist.

NBA legend Bill Russell lists Mercer Island home

Bill Russell, legendary NBA Hall of Famer and former coach of the Seattle Supersonics, has listed his home in Mercer Island for $2.6 million.

Storied Hawk’s Nest on Lake Union offered at $2.85 million

On picturesque Lake Union — just one dock away from where “Sleepless in Seattle” was filmed — an eye-popping floating home just listed for $2.85 million.

Brighter days ahead for Seattle condo market

Polaris Pacific has compared the number of new construction sales for the month of July, as well as resale listings, or existing condo sales. The data is revelatory.

Toll Brothers, Equity Residential team up for $1.9B multifamily JV

The strategic partnership will initially target developments in six metro areas where both companies have a “significant or growing presence”: Atlanta; Austin, Texas; Boston; Denver, Orange County/San Diego, Calif.; and Seattle.

Seattle homes sold well over asking prices last quarter

In what’s been a historic, frantic market, homes selling for large sums over list prices have risen sharply since January.

Washington Realtors issues agent guidance on new mask mandate

Washington state reinstated its indoor mask requirement in public spaces today amid concerns over the spread of the delta variant of coronavirus. Now, Washington REALTORS has published a fact sheet for real estate professionals as the pandemic continues. For

Oprah sells scenic Orcas Island home for $14M

Oprah Winfrey recently sold her Orcas Island vacation home, called Madroneagle, for $14 million. She walks away with a handsome profit of $5.725 million profit.

Avenue Bellevue condo sells for a record $8 million

With 2,725 square feet, the 25th-floor penthouse, one of Avenue Bellevue’s 141 Estate Homes, is not even built yet.

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