National News

NAR: Existing-home sales rebound in September

The median existing-home price for all housing types in September was $352,800, up 13.3% on an annual basis, as every region in the country registered price increases.

Freddie Mac to offer $3B in affordable housing bonds

Freddie Mac plans to offer at least $3 billion in single-family affordable housing bonds to support affordable homeownership and serve historically underserved markets, according to a press release. To underscore this effort, the company is offering approximately $285 million

RE/MAX: Seattle housing market takes a pause in September 

Days on market rose 7.1% from August, and the median price of houses sold slid 1.8% to $638,000, according to RE/MAX’s National Housing Report. 

Redfin: Climate change will exacerbate U.S. housing shortage

Climate change will negatively impact the already-stunted housing inventory in the U.S., according to a recent Redfin report.

Zillow: Unprecedented housing market shift has had little impact on sellers

While the past year has been unprecedented in terms of economic change and a global pandemic, most U.S. home sellers’ experiences were similar to past years, according to Zillow’s latest consumer housing trends report.  Consistent with the past three

EXIT Realty nurtures mental health, well-being in workplace

As COVID-19 continues to negatively impact people and workplaces, EXIT Realty Corp. International announced it is working to maintain the health and well-being of its agents and brokers through a series of programs, including its Focus on Good Health initiative.

HUD now considering climate change when underwriting loans

The U.S. Department of Housing and Urban Development (HUD) recently announced a plan that will implement new policies to combat global warming, according to a press release. 

Missing apostrophe in Facebook post lands real estate agent in court

An Australian real estate agent’s failure to use proper punctuation in a Facebook post could cost him tens of thousands of dollars, according to a report by The New York Times.

Court rules sending email could create binding contract

Email users should be mindful of what they write, as the contents of electronic messages could be legally binding, according to a report by the National Association of Realtors. 

Seattle ranks as 14th most-expensive city to rent an apartment

Seattle ranks as the 14th most-expensive city (among 100) to rent a one- or two-bedroom apartment.

Could remote work fuel housing demand for years to come?

Last year’s en-masse move to remote work has driven what Zillow has dubbed the Great Reshuffling, as homeowners working from home have paused and reevaluated where and how they live.

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.

Median home sale prices increase 16% from 2020

Even as the real estate market is showing signs of cooling and more sellers are dropping asking prices, median home prices increased by double digits from last year.

New-home sales plummet in July

Also during the month, the median sales price rose to $390,500 from $370,200 in June, according to the U.S. Census Bureau and the Department of Housing and Urban Development.

What do buyers want to see in your real estate listing marketing?

You might be surprised by the results of this survey.

Seattle housing affordability down 20%

Affordability declined in 49 of the 50 major markets according to the May 2021 First American Real House Price Index.

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