The jump in mortgage activity was driven in large part by refinancings, which surged 58% in the week ended Sept. 12. 

At the same time, completions of new single-family homes were on the rise last month, according to federal statistics. 

Looking for the best time to buy in 2025? It’s the week of Oct. 12–18, says Realtor.com. 

The home is listed by Jake Scheloske and Tim Pagano of Agresti Real Estate for $359,000 — and since it’s not technically on land, there’s no real estate taxes.

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.