The sales pace of existing homes surged 6.7% in January after falling in December, as buyers got off the fence and went shopping ahead of rising interest rates, the National Association of Realtors reported.

A Seattle household earning the median annual salary of $104,900 would need to spend 36.37% of that salary to afford the median-priced home of $679,000.

Seattle’s new mayor made clear this week that housing and issues that affect home values will be major pieces of his administration. 

Single-family housing starts fell 5.6% from December’s revised estimate to 1,116,000, while multifamily starts slid 2.1% to 510,000, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said.

January foreclosure filings were the highest since the start of the pandemic, according to a new report. 

The average contract interest rate for 30-year fixed-rate mortgages backed by the Federal Housing Administration increased to 3.93% from 3.86%, the Mortgage Bankers Association said. 

Across the country, 10% of ZIP codes with the largest share of children had an average home value growth of 21.3% from October 2020 to October 2021.

Pathway Homes was formed by ResiLabs, a partnership between real estate private equity investor Regis Group, single-family rental landlord Invitation Homes Inc. and venture-capital firm Fifth Wall. 

A converted church in South Central Kansas city of Winfield, is for sale, offering a unique sanctuary to potential buyers.

Once upon a time in upstate New York … an enchanting tower stands. And the unique piece of real estate is up for sale.

Home-price growth is expected to average about 5% this year, far below the record-breaking pace set in 2021, RCLCO reported. 

Microsoft recently announced an update to the $750 million pledge it made three years ago to address affordable housing in the Seattle area. 

Seattle averaged more showings per property listing in December than any other market in the United States, according to a new report from ShowingTime.

The average price for a single-family home in King County is more than $1 million, a 20.1% increase year over year.

@properties has officially rebranded to become @properties Christie’s International Real Estate. The Chicago-based brokerage acquired the luxury real estate arm of the art auction house in December 2021.

Builders started to make headway against supply-chain issues that have hampered construction of homes in the face of high demand.