News / Features
The median sales price of new homes hit a new high of $416,900.
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.
The median existing-home sales price for all housing types rose again on an annual basis, marking 117 consecutive months of gains.
You’ve heard of Gothic architecture … but what about goth architecture? A certain listing in Lincoln, Ill. is trending for its shocking black exterior.
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.
Hundreds of Seattle concrete truck drivers are striking for wage increases, a movement that has stopped the flow of concrete deliveries to job sites and significantly slowed construction on many of the city’s developments.
“The market is roaring along, with only half the seasonal slowdown we typically see from October to November.” — RE/MAX LLC President Nick Bailey
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.
The partnership will help potential homeowners find down-payment assistance programs to make homeownership more attainable, especially for first-time buyers.
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.
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.
LoanSnap said it used its innovative AI technology, affectionately called Nell, to close the loan in the record-breaking amount of time.
“November’s housing starts report signals strength for the housing market.” — First American deputy chief economist Odeta Kushi
In unveiling its predictions, the National Association of Realtors also released its top 10 housing-market “hidden gems” for 2022.
As the Seattle real estate market eases into its usual winter hiatus, high home prices and mortgage rates, low inventory and stiff competition continue to stand in the way of seasoned homeowners and first-time home buyers.
The listing also shows Santa’s North Pole estate’s value has skyrocketed this year.