Local News

Real estate news in Seattle

Amazon to invest $25 million for affordable housing in Washington

The funds come from the corporation’s Housing Equity Fund, which was established in 2021 to help create affordable housing near Amazon headquarters.

High mortgage rates make million-dollar homes less common

As rising mortgage rates cool the market, the share of U.S. homes worth at least $1 million has fallen from an all-time high last year, according to a new Redfin report.

Seattle among top cities for pet-friendly rentals

Zillow’s most recent Consumer Home Trends Report shows that 59% of all renters have a pet: a post-pandemic spike.

Report: Average home changes hands every 12 years

People staying in their homes longer is contributing to the lack of inventory that continues to impact buyers.

Bellevue and Tacoma among suburbs with most plentiful coworking options

As coworking spaces become more and more popular across the country, an increasing number of these remote-work locales have been popping up in the suburbs.

Annual home-price gains slow in latest Case-Shiller as Seattle sees a decline

The S&P CoreLogic Case-Shiller U.S. National Home Price Index rose 5.8% year-over-year in December, compared to a 7.6% gain in November.

Should Seattleites be concerned about the impact of tech industry layoffs on the housing market?

As layoffs become more and more frequent among tech giants, many have begun to wonder how the changes will impact the local economy and in turn, the housing market.

Remembering Margo Wheeler, a Seattle real estate legend

Realtors in Seattle and around the country continue to pay tribute to Margo Wheeler, who passed away due to cancer in January.

As spring market approaches, Seattle buyers are getting more for their money

With the spring housing market just around the corner, homebuyers are getting more for their money as their mortgage payments are stretching further than they have in recent months.

Seattle rents up 17% from 2021

Rents continue to be an attractive option for potential homebuyers holding off until mortgage rates fall and for those not quite ready to buy.

Value of Seattle’s multifamily housing starts up 8% in 2022

The amount of money spent on new construction of multifamily housing has increased year-over-year in Seattle, according to Dodge Construction Network.

Seattle rated the third-best city in the U.S. for digital infrastructure

Seattle has been named the No. 3 city in the nation for digital infrastructure, according to a report from real estate tech firm ProptechOS. 

Seattle’s downtown living experience rated top 5 in the country

Seattle was rated No. 5 overall and cited for its strong rent-to-income ratio, green apartment buildings and neighborhood safety. 

King County average home price in 2012: $400K. Today? More than $1 million.

The median home price in the Northwest MLS increased for the 10th consecutive year in 2022, the service’s annual review shows.

Seattle’s annual housing inventory growth is second-highest in the nation

Seattle’s increased housing inventory in 2022 was the second-highest among major cities, the RE/MAX National Housing Report showed.

Washington ranked one of the best states to raise a family

Washington is one of the best states in the country to raise a family, according to a new report from WalletHub. 

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