The National Association of Home Builders said its monthly builder-confidence survey indicated rising optimism that lower interest rates could spur new-home buying activity. 

Last month’s priciest home sale in the Seattle area was a modern, $26 million waterfront estate in Bellevue.

The feature aims to help buyers more easily visualize homes and give agents a stronger marketing tool. 

Led by Tracy Erickson, The Collective Group has closed 600 homes for over $575 million since its founding in 2020.

So far in 2025, home prices have grown at about half the pace of 2024.

The surge comes as the rate on a 30-year fixed-rate mortgage fell to its lowest level since October 2024. 

The rate of home-price appreciation slowed to just over half the rate of inflation in July, Cotality noted. 

“We’re not simply plugging people into a system,” said Dori Glass. “We’re opening doors, creating opportunities and providing a clear, flexible path for agents to build the careers they envision.”

Is it officially a buyer’s market in northwest Washington?

Despite the decrease in borrowing costs, the Mortgage Bankers Association’s Market Composite Index showed a decrease in mortgage applications in the week ended Aug. 29. 

Despite a slowdown in single-family construction activity, newly built homes are becoming increasingly accessible to American buyers, in terms of both availability and affordability. According to data from the New-Construction Insights report released by Realtor.com, in the second quarter

Prices for the 10 most expensive new listings in Seattle range from $3.6 million up to nearly $21 million.

Signed contracts declined despite lower interest rates and improved affordability and inventory, the National Association of REALTORS® said.   

This former Masonic lodge in Little Falls, New York, was once a meeting place for a local chapter of the Freemasons.

The pace of home-price appreciation declined to its slowest pace in two years, according to the S&P Cotality Case-Shiller U.S. National Home Price Index. 

The upside surprise came despite monthly and yearly declines in the pace of sales.