With the increased number of professionals working remotely, today’s homebuyers are putting less of a premium on commute time and more on affordability.

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.

The rise in equity could help stave off foreclosures because homeowners can tap into that equity and sell their home, unlike during the 2008 financial crisis when many homeowners found themselves underwater in their mortgage, according to CoreLogic.

Experts at Builder Magazine recently came out with their Local Leaders list for 2020, which ranks the country’s 50 largest new-home markets based on closings by the end of the year.

The startup that allows buyers to make cash offers on homes while trying to secure a mortgage is expanding to new markets while growing existing ones.

Rising property values had homeowners cashing out of their existing residences to buy bigger homes in less-expensive areas last year.

Active listings for single-family homes dropped for the first time from April to May.