National News

Seattle among the Top 10 ‘boomtowns’ in America

Seattle was ranked as one of the top “boomtowns” in America for 2021, according to a study by SmartAsset. Washington’s Vancouver, Bellingham, Tacoma and Spokane Valley also made the list.  The study analyzed data from 500 of the country’s

Seattle King County REALTORS® raises housing funds for victims of disaster

Seattle King County REALTORS® (SKCR) has partnered with the REALTORS® Relief Foundation (RRF) to raise money for disaster victims who need housing-related assistance. These fundraising efforts are part of RRF’s Hope Rising campaign in celebration of its 20th anniversary.

Affordable home supply jumps as mortgage forbearance programs end

The supply of affordable homes on the market rose a record 13% in the third quarter as mortgage forbearance programs ended, prompting low-cost homeowners to put their properties on the market.

Rents continue surge in large metro areas

Rental prices are surging to an all-time high after dropping considerably in 2020 due to the pandemic. In September, median rents in the 50 largest metro areas in the U.S. jumped 13.6% compared to the same month last year,

Zillow: Most home buyers middle-aged, married, college-educated

The average American home buyer is 45 years old, married or partnered, college-educated and likely to purchase a home located in the South, according to Zillow’s 2021 Consumer Housing Trends Report.  Individuals ages 30-39 make up the largest population

Coldwell Banker Bain sells to national firm

Bellevue-based real estate brokerage Coldwell Banker Bain has been sold to US RES Holdco LLC, according to a report by The Business Journal. 

WalletHub: Seattle suburb best small city in America

Sammamish was named the best small city in America in a recent study from WalletHub. The Seattle suburb was the only city in Washington to make WalletHub’s top 10 list. The next top-rated cities were Carmel, Indiana; Brentwood, Tennessee;

More homebuyers choosing to live in diverse neighborhoods

As more house hunters are opting to live in socially, racially and culturally diverse communities, developers are formulating strategies to list more inclusive properties on the market, according to a report by The Wall Street Journal.  Developers’ strategies include

Mortgage applications rise despite increase in interest rates

At the same time, the increase in interest rates drove fewer borrowers to refinance their loans, according to the Mortgage Bankers Association.

ShowingTime: Seattle leads nation in buyer demand

A new report shows that Seattle is leading the nation in showings to prospective home buyers, even as the cooler late fall and winter seasons approach.  Seattle recorded an average of 14 showings per listing in September, followed closely

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.

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