News / Features

Zillow: Most home buyers middle-aged, married, college-educated

The average American home buyer is 45 years old, married or partnered, college-educated and likely to purchase a home located in the South, according to Zillow’s 2021 Consumer Housing Trends Report.  Individuals ages 30-39 make up the largest population

Coldwell Banker Bain sells to national firm

Bellevue-based real estate brokerage Coldwell Banker Bain has been sold to US RES Holdco LLC, according to a report by The Business Journal. 

Rocket Mortgage, Salesforce team up for loan originations

“This will be the first time a home lender will provide an end-to-end ‘mortgage-as-a-service’ solution through Salesforce Financial Services Cloud — a platform that thousands of financial institutions already heavily rely on.” — Rocket Cos. Vice Chairman and CEO Jay Farner

WalletHub: Seattle suburb best small city in America

Sammamish was named the best small city in America in a recent study from WalletHub. The Seattle suburb was the only city in Washington to make WalletHub’s top 10 list. The next top-rated cities were Carmel, Indiana; Brentwood, Tennessee;

Zillow closes Zillow Offers, announces layoffs

Zillow announced today it’s ending its iBuyer service, Zillow Offers, and cutting roughly a quarter of its workforce, citing the volatility the service created for the online brokerage as the motivation for the move.

Millennials are fueling the housing boom — will it continue?

Millennials are purchasing houses — finally. Over the past year, millennials made up the largest share of homebuyers: 37% according to Barron’s.

More homebuyers choosing to live in diverse neighborhoods

As more house hunters are opting to live in socially, racially and culturally diverse communities, developers are formulating strategies to list more inclusive properties on the market, according to a report by The Wall Street Journal.  Developers’ strategies include

Buy-in for this poolside casino home in Kissimmee, FL

Entertainment is a top priority of the “Royale Reunion” in Kissimmee, FL. This luxury villa is equipped with a home theater room, arcade game rooms and… a private casino.

Bidding wars eased in September dropping to a 2021 low

Boston and Raleigh had the highest bidding-war rates, as the rate fell to a 2021 low.

NAR: Pending-home sales slide 2.3% in September

“Contract transactions slowed a bit in September and are showing signs of a calmer home price trend, as the market is running comfortably ahead of pre-pandemic activity.” — NAR chief economist Lawrence Yun

Annual Battle of the Barristers produces record-breaking attendance numbers

This year’s Battle of the Barristers, sponsored by Seattle King County Realtors (SKCR), saw record-breaking attendance as more than 730 Washington Realtors and affiliates tuned in to the virtual event Oct. 7. The fundraising event provided three clock hours

One, Two, Freddy’s coming for you…

The iconic home from “A Nightmare on Elm Street” is prime Hollywood real estate. And it’s currently for sale.

S&P CoreLogic Case-Shiller: Home prices rise again

Home-price gains were once again broadly distributed, as all 20 cities in the S&P CoreLogic Case-Shiller Home Price Index rose, although in most cases at a slower rate than a month ago.

Federal Housing Finance Agency makes desktop appraisals permanent

It’s been a more than a year and a half of technological innovation in real estate in response to the COVID-19 pandemic, and the Federal Housing Finance Agency has decided to make one tool — desktop appraisals — permanent.

Mortgage applications rise despite increase in interest rates

At the same time, the increase in interest rates drove fewer borrowers to refinance their loans, according to the Mortgage Bankers Association.

ShowingTime: Seattle leads nation in buyer demand

A new report shows that Seattle is leading the nation in showings to prospective home buyers, even as the cooler late fall and winter seasons approach.  Seattle recorded an average of 14 showings per listing in September, followed closely

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