News / Features

Washington home price growth up 10% in May, deceleration on the horizon

Steeper mortgage rates and priced-out buyers paved the way to a slightly cooler housing market in Seattle and other major cities this spring, hinting that the booming post-pandemic seller’s market may have an expiration date. 

Seattle showings decrease amid nationwide slowdown

A new report from ShowingTime reveals a continued drop in home showings nationwide: During May, buyer traffic decreased 18.2% year over year.

Decoupling broker commissions could be coming

Agent commissions of the future could look much different than they do today, as a Department of Justice investigation into the issue of decoupling buyer and broker commissions continues, class-action lawsuits are advancing and associations and MLSs are adjusting their policies.

Hole up in your very own hobbit house

More than 1,000 square feet are tucked away inside this real-life, hillside Hobbit house! It looks straight out of Middle Earth.

Rock out in a geological masterpiece

The Peterson Rock Garden and Museum, a beloved local attraction in central Oregon, is officially for sale. It’s listed for $825,000.

10 markets where buyers retain an edge

Realor.com has compiled a list of the 10 markets where homes are lingering the longest — giving buyers a rare edge.

Housing inventory rebounds at record rate in largest metros, and Seattle is on trend

The number of homes available to buyers climbed 18.7% in June, the sharpest year-over-year increase in the history of the report.

Seattle price increases revealed in new S&P CoreLogic Case-Shiller Index

What does the latest S&P CoreLogic Case-Shiller Index show about Seattle real estate?

Pending-home sales post surprise increase in May 

The increase ends a six-month string of monthly declines, the National Association of REALTORS® said.

Mortgage payments up 55.2% in Seattle, as housing affordability hits 15-year low

The hit to affordability has lessened demand, eased price growth, slowed sales and boosted inventory

Surprise surge in new-home sales in May as median price falls 

New-home inventory rose to 444,000 homes in May from 437,000 homes in April, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.  

Mortgage lender Geneva Financial opens new branch in Seattle

Mortgage lender Geneva Financial on Thursday announced the opening of a new Seattle branch led by manager Nadia Raknai.

Washington among top 10 most fun states

When you consider entertainment, recreation, nightlife, parties and overall costs, it turns out, Washington is a pretty fun state! And that has a positive effect on Seattle real estate.

Median existing-home price tops $400,000 for first time in May 

Meanwhile, existing-home sales slid 3.4% from April to a seasonally adjusted annual rate of 5.41 million, according to the National Association of REALTORS®. 

Seattle home sales fall 3.6% year over year in May

Nationwide, sales fell 8.5% annually and rose 5.8% monthly, as rising interest rates and home prices weighed on homebuyers’ purchasing power, RE/MAX said.

Housing starts plunge in May amid uncertain economic conditions 

New-home completions rose during the month, however, with the increased inventory representing a rare bright spot in an otherwise gloomy government report. 

Oops! We could not locate your form.