National News

Fed votes to increase interest rates, projects more hikes in 2022

The Federal Reserve announced today that it would increase the federal funds rate by 0.25%, its first increase in more than three years, with more hikes projected for the remainder of the year.

Seattle’s MoxiWorks acquires lead nurturing platform ActivePipe

Real estate technology platform MoxiWorks recently announced the acquisition of ActivePipe, a lead nurturing platform for real estate professionals.

Seattle among most neighborly cities in America

StorageCafe surveyed 11,000 Americans to determine what, exactly, makes a friendly community — and where those communities are.

Washington among best states to own a ‘tiny home’

The financial service provider IPX1031 has conducted a study to determine the overall best states in which to own a tiny home.

Black mortgage applicants 84% more likely to be denied than white applicants, analysis finds

Black applicants were 84% more likely to be denied a mortgage than white applicants, the data showed, an increase from the 74% disparity in 2019.

Redfin to acquire Bay Equity Home Loans

The San Francisco Bay-area mortgage lender is licensed in 42 states. 

Unique ‘MetaReal’ deal will include luxury mansion’s identical counterpart in the virtual world

Construction of a Miami mansion will coincide with the creation of its identical counterpart in the virtual world to form a first-of-its-kind “MetaReal” mansion, according to a press release.

Seattle, Tacoma popular among renters this year

Seattle and Tacoma were among the top 50 most competitive rental markets in 2021, according to a year-end report from RentCafé.

Omicron worries push mortgage rates down

Fears of an economic fallout are causing long-term U.S. mortgage rates to fall as the newest COVID-19 strain reignites worry among Americans. 

Seattle Agent’s top 10 national news stories of 2021

Check out the national stories which most interested our Seattle readers during 2021.

Seattle tops list of markets with the most home showings in November

The holiday season has done little to deter home buyer demand as the number of real estate showings at new property listings is heating up across the country. New listings in 13 housing markets averaged double-digit showings in November, according to the latest data from ShowingTime. 

Eviction crisis unfolds as courts process backlog of filed cases

Eviction filings are rising as millions of Americans are being forced from their homes months after lawmakers allowed the federally imposed eviction moratorium to expire. 

North Seattle, King County home prices well above U.S. average

The median sale price for homes in the North Seattle market is $775,000, a 3.3% increase from last year, according to a recent Redfin report. 

Redfin reports 10 housing records set in 2021

The pandemic and work-from-home orders have changed where, when and why people buy homes. As a result, housing prices hit the highest median of all time in 2021, as the number of homes for sale fell to an all-time low and the demand for second homes surged, according to a new Redfin report. 

NAR applauds President Biden’s nomination of FHFA director

The National Association of REALTORS®  applauded President Joe Biden’s nomination of acting Federal Housing Finance Agency director Sandra Thompson to serve in a permanent capacity.. “Her talents and experience will benefit the enterprises, homeowners and home buyers and the mortgage-financing ecosystem,” NAR President Leslie Rouda Smith said in a press release.

Tour Santa’s home and workshop in new Zillow listing

The listing also shows Santa’s North Pole estate’s value has skyrocketed this year.

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