News / Features

The “Queen of Lake Union” lists for $3.75 million

With uncompromising views and a spacious floorplan, the exquisite 4,800-square-foot floating home offers a slice of Americana on gleaming Lake Union. Also known as “Queen of Lake Union,” it is an entertainer’s dream come true.

Forecast sunny for interest rates, partly cloudy for first-time homebuyers

We spoke with real estate experts — Rachel Adler, managing broker with Windermere/East Inc.; Ron Kirse, Seattle district manager of U.S. Bank Home Mortgage; and Lysa Catlin, branch manager of Summit Funding in Kirkland — to get their thoughts on mortgage rates. Get an insider’s look on what to expect in the months ahead.

New Western opens first Washington state office in Seattle

New Western, a national real estate investment company, specializing in off-market properties, also known as pocket listings, has announced the opening of its office in Seattle.

Mortgage rates remain flat at 2.88%

The 30-year fixed-rate mortgage held flat at 2.88% for the week ended Sept. 9, after dropping earlier this summer, according to Freddie Mac’s latest Primary Mortgage Market Surveys. The 2.88% average 30-year fixed-rate mortgage was up slightly from the

NAR sues DOJ after the department withdraws from antitrust settlement

The Justice Department’s original complaint against the National Association of Realtors, filed Nov. 19, 2020, alleges that the association enforced rules and policies that illegally hampered competition in residential real estate services.

Pending home sales up 6% from 2020 despite dwindling listings

A decline in new home listings has had little impact on the market as far as demand is concerned, according to a recent Redfin report.

iBuyers gain market share nationwide but remain low in Seattle market

For the first time, iBuyers, also known as instant buyers, clinched 1% of the overall market share of homes purchased nationwide, according to Zillow Research.

Seattle King County REALTORS  members credit education for business success

Real estate agents are crediting educational offerings — both in-person and virtual/on-line learning — for boosting their business success, according to a recent member survey conducted by Seattle King County REALTORS®.

Seattle Housing Scorecard: Housing starts rose, housing inventory fell in August

Housing inventory fell in Seattle during August, while housing starts and existing-home sales rose.

Redfin: Outflow of Seattle residents slowing

Wonder where Seattle residents are headed? You might be surprised.

Why the future of exurbs remains uncertain

Over the past year, outer suburbs, or exurbs, have experienced a particularly intense boom. It’s those distant areas which saw the sharpest increase in interested buyers, according to Realtor.com.

Median home sale prices increase 16% from 2020

Even as the real estate market is showing signs of cooling and more sellers are dropping asking prices, median home prices increased by double digits from last year.

Tudor-style castle lists in Magnolia for $2 million

Originally built in 1900, the charming abode, located at 1706 Magnolia Way West, received an addition by renowned Seattle architect Ralph Anderson, a modernist and a preservationist.

NBA legend Bill Russell lists Mercer Island home

Bill Russell, legendary NBA Hall of Famer and former coach of the Seattle Supersonics, has listed his home in Mercer Island for $2.6 million.

Storied Hawk’s Nest on Lake Union offered at $2.85 million

On picturesque Lake Union — just one dock away from where “Sleepless in Seattle” was filmed — an eye-popping floating home just listed for $2.85 million.

Brighter days ahead for Seattle condo market

Polaris Pacific has compared the number of new construction sales for the month of July, as well as resale listings, or existing condo sales. The data is revelatory.

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