News / Features

High housing costs dampen homebuyer demand

Those looking to buy a house will be paying a premium as inventory continues to be an issue.

Luxury Presence launches Presence Copilot with Dawn McKenna

“I started building this app to give my team a competitive advantage,” McKenna said. But now, she is excited to share the app with the public.

Spanish exterior, medieval interior

On the exterior, this 11,000-square-foot estate may seem like your typical desert mansion — but step inside and you’ll see why it’s called the “Castle of Ancala.”

Over 100 affordable housing units to open in north Seattle

Apartments will be reserved for families and single renters making 30%, 50% and 60% of King County’s median income.

The evolution of new apartment construction in Seattle

The Seattle metro area ranked No. 9 in the country for new construction during the pandemic era, adding 36,952 units to the rental market.

NAR: Pending-home sales post second monthly increase in a row 

Pending transactions were in negative territory for most of this year, so the recent increases could bode well for future activity. 

Case-Shiller: Home-price index just 0.02% off 2022 peak; Seattle sees 0.9% decline 

A fifth consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index suggests the housing market recovery that began earlier this year is likely to continue. 

NAR President Kenny Parcell resigns amid reports of sexual harassment

Kenny Parcell has resigned as president of the National Association of REALTORS® following a recent bombshell report by the New York Times into allegations of sexual harassment within the organization.

Four Side partner brokerages launch in Seattle area

Side is expanding further into Washington with the addition of four new partner companies in the Seattle area.

‘Collapse’ of housing inventory drives price rebound 

Two weeks after housing inventory turned negative, home prices posted a healthy increase, MarketNsight said. 

Nest in your own — luxury — tree

Vertical Horizons Tree House Paradise, which includes four tree houses fixed amongst the scenic Douglas firs, is up for sale.

Seattle ranks as one of 2023’s top real estate markets

A new report from WalletHub shows that Seattle’s real estate market is actually among the healthiest in the country.

NAR: Existing-home sales decline as median price remains above $400,000 

High mortgage rates and limited inventory continued to weigh on sales activity, National Association of REALTORS®Chief Economist Lawrence Yun said. 

How agents are working around the cyberattack that shut down MLS access in parts of 12 states

MLS freeze strikes agents in Florida, Massachusetts, Indiana, New York, California and elsewhere.

Housing starts rebound in July after June slump 

Single-family home permits and completions, meanwhile, also rose, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Nearly half of homeowners now are considered ‘equity-rich’

Homes where the loan-to-value ratio is 50% or lower — equity-rich homes — are on the rise, which is good news for homeowners.

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